Proactive Investors - FTSE seen little changed ahead of US inflation, rate calls.
The FTSE 100 is expected to edge higher as trading starts for the week on Monday ahead of a busy week for central bank decisions.
The Federal Reserve announces its final rate decision of the year on Wednesday with the Bank of England and European Central Bank following on Thursday.
Spread betting companies are calling London’s lead index up by around 4 points after closing up 40.75 points, 0.5%, at 7,554.47 on Friday.
Ipek Ozkardeskaya at Swissquote Bank said: ”The economic calendar for the week is heavy.
“The US will announce its latest CPI update on Tuesday and the Fed will announce its latest policy verdict on Wednesday, then the Swiss National Bank (SNB), the European Central Bank (ECB) and the Bank of England (BoE) will give their last verdict for this year on Thursday. “
“All four major central banks are expected to keep their interest rates steady at the current levels, but we will closely scrutinize how they address the rate cut expectations that have been ahead of their skis since the end of October.”
“Chances are that the accompanying statements will attempt to cool down the doves.”
In London, the early focus will be an update from business recovery company Begbies Traynor (LON:BEG) and house price data from Rightmove.