Before the Open – 02/09
There's some continued uncertainty as we head towards the open this morning.
US President Obama's comments over the weekend have prolonged a decision over Syrian, keeping markets jittery.
CMC Markets' Michael Hewson:
Europe's markets look set for a positive start as oil prices fall back and economic data comes back into focus.
We've got a quiet day ahead, with Labour day in the US, and manufacturing data in Europe to look forward to.
#FTSE called up 50. It's "risk on" Monday thanks to better Chinese data and Obama's decision to give Congress a say over #Syria
— David Morrison (@jmoz62) September 2, 2013
ETX Capital #morningcall: FTSE100 up 48 points, the DAX up by 67 points and the CAC40 up by 29 points
— ETX Capital (@ETXCapital) September 2, 2013
Events today:
- French August Markit manufacturing PMI at 08.48.
- German August Markit manufacturing PMI at 08.53.
- Eurozone August Markit manufacturing PMI at 08.58.
- Greek August Markit manufacturing PMI at 08.58.
- UK August Markit manufacturing PMI at 09.28.