What you need to know before the open – 22/11
After another record close for the Dow yesterday, Europe is set to open higher, as consensus is that tapering looks more likely for the New Year than December.
#FTSE called 10 higher this morning. #EURUSD has rallied to resistance at 1.3490. #Gold has been steady overnight around 1245. Morning all!
— FuturesTechs Updates (@FuturesTechs) November 22, 2013
Asian markets saw some small gains in Friday trading, with the Nikkei climbing to a six-month high.
Key events:
- ECB's president Draghi's speech at 8.30am.
- German IFO business climate for November at 9.00am. Expected at 107.7 from 107.4.
- Italy retail sales for September at 9.00am.
- US Fed's George speech at 1.40pm.