Proactive Investors - Good morning. The FTSE 100 is expected to make steady progress ahead of the interest rate call by the Bank of England.
Spread betting companies are calling London’s lead index up by around 11 points.
The BoE’s Monetary Policy Committee is expected to increase interest rates by 25 basis points to 4.5%, the 12th successive increase since December 2021..
In New York, the Dow Jones Industrial Average fell 30.48 points, or 0.1% at 33,531.33. The S&P 500 rose 18.47 points, 0.5%, at 4,137.64 points while the Nasdaq Composite jumped 126.89 points, 1.0%, at 12,306.44.
Meanwhile, in Asia markets weakened. The Shanghai Composite was 0.1% lower, the Hang Seng in Hong Kong was down 0.5% and in Tokyo, the Nikkei 225 declined 0.1%.
Back in London and the early focus will be updates from Rolls-Royce (LON:RR), 3i (LON:III), ITV (LON:ITV) and John Wood (LON:WG).