Source - SMW
The FTSE 100 is tipped to open around 22 points lower as the UK Prime Minister heads to a European summit following an embarrassing defeat in parliament over the latest proposed changes to Brexit legislation.

OVERSEAS MARKETS

In the US overnight, the Dow closed 0.33% higher at 24,585.43, the S&P 500 fell 0.05% to 2,662.85 and the Nasdaq climbed 0.2% to reach 6,875.8.

In Asia this morning, the Nikkei 225 was down 0.26% at 22,699.11 and the Hang Seng was 0.5% lower at 29,077.4.

COMMODITIES

WTI crude was 0.16% higher at $56.69 per barrel and Brent was up 0.56% at $62.97 per barrel.

Gold was 0.93% firmer at $1,260.2 an ounce, silver was up by 1.58%, while copper was down 0.38%.

LONDON MARKETS

Trading statement are due from Bunzl, Huntsworth, Ocado and PZ Cussons.

Interim results are expected from Byotrol, ReNeuron, Sports Direct and Tungsten Corporation.

Final results are to be released by C4x Discovery.

In addition, shareholder meetings are to be hosted by PipeHawk, Sareum, Upland Resources and VinaCapital.

On a busy day for UK related economic news, the following releases are scheduled:

- RICS House Price Balance

- Retail Sales m/m

- MPC Asset Purchase Facility Votes

- Asset Purchase Facility	

- Official Bank Rate

- Monetary Policy Summary

- MPC Official Bank Rate Votes

- CB Leading Index