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FTSE 100 edges higher in opening trade as the GBP/USD falls and oil lifts
The European stock markets have just reopened and it has been a rather flat start to the day, but the earlier downside across the DAX and FTSE 100 futures has been, to some extent reversed. The FTSE is just now edging back above 8,250. The index closed yesterday at 8,245.28 and it was the only major index not to close higher yesterday. This morning it looks a little different though, as the GBP/USD just now falls to fresh session lows underneath 1.2460 and Oil prices lift. Brent is back above $77 per barrel this morning (there will be more to add on that later) and that is seemingly supporting the FTSE in early trading.
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