FTSE set for flat start ahead of BoE announcement

06:28 14/09/2017
StockMarketWire.com - The FTSE 100 is poised to open around 6 points lower this morning ahead of today's monetary policy statement from the Bank of England, with interest rates widely expected to be kept on hold following the latest inflation figures.

Asian markets were trading lower this morning, while US stocks made further progress overnight.

US & ASIA

In the US overnight, the Dow closed 0.18% higher at 22,158.18, the S&P 500 ended 0.08% firmer at 2,498.37 and the Nasdaq was also up 0.09% at 6,460.19.

In Asia this morning, the Nikkei 225 was recently down 0.26% at 19,814.82 and the Hang Seng was 0.42% lower at 27,776.52.

COMMODITIES

At around 6.15am, WTI crude was 0.14% lower at $49.23 per barrel and Brent was down 0.25% at $55.02 per barrel.

Gold was also softer at $1,326 an ounce this morning, as was silver and, to a lesser extent, copper.

LONDON MARKETS

Interim results are expected from Corero Network Security, Forbidden Technologies, Gresham House, GVC, Property Franchise and Warpaint London, while trading statements are due from Booker and Safestore.

In addition, shareholder meetings are to be held by Abzena and Falcon Oil & Gas.

In economic news, the Bank of England is scheduled to release its latest monetary policy summary.

Story provided by StockMarketWire.com

Forex

Commodities

What the Papers Say

telegraph financial times daily mail daily express independent times
01:09 Gleeson goes south as margin heads north
source: FT.com
01:06 Pioneering nerve treatment gives man in...
source: The Telegraph
01:03 Donald Trump has 'declared war', North...
source: The Telegraph
00:52 Muslim surgeon stabbed outside mosque has...
source: The Telegraph
00:51 How war with North Korea could start and...
source: The Telegraph
00:47 Chelsea Manning barred from entering...
source: The Telegraph
00:41 Airlines at risk of missing out on...
source: FT.com
00:04 Quiet drift of banking jobs to the EU27 is...
source: FT.com
00:02 Solar power breakthrough as subsidy-free...
source: FT.com
00:02 Republican plans to scrap Obamacare on...
source: The Telegraph
[more ...]