FTSE to open after US, Asia gains; ex-divs a factor
Source - SMW
London equities are due to open after rises on Wall St and in Asia overnight, with sterling's decline, FTSE's rise and Brexit now centre stage for many traders presently divining their future positions.
The market is looking to European Central Bank's monetary policy meeting accounts at about 12.30pm, and US jobs data early this afternoon.
A lengthy list of UK stocks going ex-dividend will likely provide ballast.
US & ASIA
On Wall St overnight, the Dow Jones Industrial Average rose 0.62% to 18,281.03, the S&P 500 firmed 0.43% to 2159.73 and the Nasdaq Composite gained 0.5% to 5316.02.
In Asia this morning, the Nikkei 225 had risen 0.64% to 16,926.31, while the Hang Seng firmed 0.52% to 23,911.84.
At 6.09am, WTI crude was down 0.62% to $49.52/bbl and Brent was down 0.6% to $51.55. Gold was down 0.09% to 1267.5/oz.
Shareholder meetings are scheduled for Puma VCT VII and Taptica International.