Source - SMW
The FTSE 100 is expected to open around 48 points lower, according to financial spread betting firms, following further losses on Wall Street overnight and despite a generally upbeat session on Asian markets this morning.

Traders will be looking to today's interest rate decision and commentary from the Bank of England for its view over the general state and direction of the UK economy.

Meanwhile, the Corporate calendar is picking up as earnings season gets back into full swing, with a plethora of trading statements, interims and final results due today.

OVERSEAS MARKETS

In the US overnight, the Dow fell 19.42 points, or 0.08%, to end the day at 24,893.35.

The S&P 500 lost 13.48 points, or 0.5%, to close at 2,681.66 and NASDAQ finished 63.90 points lower at 7,051.98.

In Asia this morning, the Nikkei 225 was up 208.91 points, or 0.97%, at 21,854.28 heading into the close.

The Hang Seng was 121.15 points, or 0.4%, to the good at 30,444.35.

COMMODITIES

At around 6:10am, WTI crude was 0.21% lower at $61.66 per barrel and Brent was down 0.08% at $65.46 per barrel.

Gold was 0.08% weaker at $1,313.5 per ounce, silver was down 0.02% but copper was 0.74% higher.

LONDON MARKETS

Trading Statements: AA, Bellway, Compass, DFS, EI Group, Gattaca, IGas Energy, Maintel, Sophos and Tate & Lyle.

Interims: Ashmore, TalkTalk and Thomas Cook.

Final Results: Beazley, Millennium & Copthorne Hotels and Smith & Nephew.

AGM's / EGM's: Compass, Dunedin Smaller Companies Investment Trust, Dewhurst, easyJet, On The Beach, Premier Asset Management, Thomas Cook and Urban & Civic.

Economic Announcements: RICS Housing Market Survey and the BoE Interest Rate Decision.




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FTSE 100 (UKX)

-7.98p (-0.11%)
delayed 16:35PM