© Reuters. FTSE 100 Live: Stocks called higher ahead of key US and UK data
Proactive Investors – FTSE called higher ahead of key UK and US data.
The is expected to open higher on Tuesday following gains in the US on Monday and ahead of UK jobs and average earnings figures.
Spread betting companies are calling London’s lead index up by around 19 points after closing down 9.58 points, 0.1%, at 7,544.89
On Wall Street, the closed up 157.06 points, 0.4%, at 36,404.93. The rose 18.07 points, or 0.4%, at 4,622.44, and the advanced 28.51 points, or 0.2%, at 14,432.49.
Later today, US inflation figures will be released while the two-day FOMC meeting kicks off.
Danni Hewson, AJ Bell head of financial analysis, said: “Although no one expects any surprises from central bankers in terms of their decision, it will be their tone and choice of words with the power to send any anticipated Santa rally hurtling in the other direction.”
She pointed out “there’s a rather tight rope to walk as bankers try and keep confidence in check without squashing it entirely.”
Back in London, and the early focus will be and figures, a key figure ahead of Thursday’s by the Bank of England.
