What you need to know before the open – 21/01
With German and European ZEW surveys for January out this morning, Europe is set to open up.
A positive number will most likely push markets higher.
The International Monetary Fund is expected to revise up its growth forecasts for the UK.
#FTSE100 called +20pts at 6855 as 2014 optimism gets fillip from PBOC interventing to cool Chinese NY-induced money-market rate squeeze
— Mike van Dulken (@Accendo_Mike) January 21, 2014
Key events:
- EU ZEW survey – economic sentiment for January at 10.00am. Expected at 70.2 from 68.3.
- Germany ZEW survey – economic sentiment for January at 10.00am. Expected at 64 from 62.
- Switzerland ZEW survey – expectations for January at 10.00am. Expected at 44.0 from 39.4.
- UK CBI industrial trends survey for January at 11.am. Expected at 10 from 12.