Skip to main content

FTSE 100 futures slightly higher ahead of key UK data

As expected and conveyed here earlier in the day, the FTSE 100 was standout underperforming major European stock market yesterday. The index closed 22.65 points lower, at 8,201.54, after falling to set a low at 8,193.54. The FTSE 100 was the only European index not to post a gain yesterday. This morning the UK CPI and RPI inflation reports (due at 7am GMT could have a significant impact on how the FTSE 100 trades today. If there is hope for a BOE rate cut on February 6, then it could help the index rebound. Naturally, the opposite surely applies, if that data does not show some easing in UK price pressure. Right now the FTSE 100 futures are accentuating the positive and pricing a slightly higher effective opening, but it all looks in the balance
 

Ready to Get Started?

Start here. Join over 3M Libertex users around the world!