London equities will open sideways as investors look to the Queen's Speech late this morning, with her presentation expected to cover a two-year period instead of one and to also be laden with Brexit content.
The UK began Brexit talks earlier this week, although PM Theresa May's Tory Party has yet to form a minority government.
Crude oil remains well below the levels of 24 hours ago thanks to renewed oversupply concerns, although precious metals gold and silver were making minor gains. Sterling was a little up on the dollar and euro.
US & ASIA
On Wall St overnight, the Dow Jones Industrial Average fell 0.29% to 21,467.14, the S&P 500 lost 0.67% to 2437.03 and the Nasdaq Composite eased 0.82% to 6188.03.
In Asia this morning, the Nikkei 225 had fallen 0.39% to 20,151.87, while the Hang Seng fell 0.55% to 25,700.44.
At 6.01am, WTI crude was down 0.09% to $43.47/bbl and Brent was down 0.2% to $45.93/bbl. Gold was up 0.31% to $1247.3/oz, with silver also gaining and copper down a little.
Final results are expected from Hornby. Shareholder meetings are to be held by Vimetco Nv, Blackstone/GSO Loan Financing, St Peter Port Capital, Third Point Offshore Investors, Tarsus, UK Commercial Property Trust and Xeros Technology.