What you need to know before the open – 17/01
European markets are set to move higher today after marginal gains in US equity futures and Asian stocks.
We've got UK retail sales for December this morning, which'll reveal more about shopping over Christmas.
And in Asia, the Nikkei dropped in trading today, after US corporate earnings damaged investor sentiment.
ETX Capital #MorningCall FTSE +21, DAX +10, CAC +12, IBEX +12, SP +1.75, DOW +16
— ETX Capital (@ETXCapital) January 17, 2014
Key events:
- UK retail sales for December at 9.30am. Expected at 2.6 per cent 2.0 per cent.
- EU construction output for November at 10.00am.
- UK speech by monetary policy committee member Broadbent at 12.15pm.
- US housing starts for December at 1.30pm. Expected at 990,000 from 1.09m.
- Industrial production for December at 2.15pm. Expected at 79.1 per cent from 79.0 per cent.
- Reuters/Michigan consumer sentiment index for January at 2.55pm. Expected at 83.5 from 82.5.