Skip to main content

FTSE 100 futures keeping a close eye on Oil prices this morning

Yesterday the FTSE 100 was the worst performing major European stock market index. In fact, the FTSE was the only one to end the day in the red. The FTSE 100 closed 12.63 points lower, at 8,262.75. There is absolutely no doubt here; that the index was impacted by the slide in oil prices yesterday afternoon, notwithstanding the heavy falls in GSK. So, this morning the FTSE 100 is going to be keeping a very close eye on oil prices again and right now further losses in that market are ensuring the FTSE futures are not pricing a rebound on the opening. The higher GBP/USD since this time yesterday is probably another drag on the index too. The FTSE 100 is right now priced to reopen at around 8,243
 

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!