Proactive Investors - FTSE 100 to oopen lower again.
Futures bids point to the FTSE 100 opening 10 points, or 0.13%, lower when markets open at 8am.
This follows the lead index closing over 60 points lower yesterday.
Equities are feeling pressure following yesterday’s low unemployment figures, which have raised the spectre of a higher-for-longer interest rates situation.
Any minute now, we’ll be getting the December inflation numbers through, which will either support or temper this outlook.
Consensus has the year-in-year rate creeping higher again, from 4% to 4.2%. Undershooting these estimates could provide some support to the equities market in the day ahead.
On the company news front, we’ve got interim results from Dunelm Group PLC (LON:DNLM), and Pan African Resources PLC, finals for Coca-Cola (NYSE:KO) and a trading update from Severn Trent PLC (LON:SVT) to cover.