What you need to know before the open – 09/12
A positive start to the week's trading is expected today, with a very thin macroeconomic calendar ahead of us for Monday.
Analyts forecast that the FTSE will open higher on momentum from Friday's US session, record highs on India's Sensex stock index, and the better than expected Chinese inflation data published this morning.
Morning all. #FTSE is called 30 higher this morning after some further gains on Wall Street on Friday after hours. Held 200 SMA last week…
— FuturesTechs Updates (@FuturesTechs) December 9, 2013
Better Chinese data pushes Asian markets higher. IG Opening calls. $FTSE +25 $Dax +50 $CAC +21 #europe #equities.
— Brenda Kelly (@BrendaKelly_IG) December 9, 2013
Key events:
- Eurozone Sentix investor confidence for December at 9.30am. Expected at 10.4 from 9.3.
- German industrial production for October at 11.00am. Expected at 0.8 per cent from -0.9 per cent.