(Alliance News) - Stocks in London are set to open lower on Tuesday, ahead of a handful of data from the US, and amid a mixed opening for Asian stocks.
IG says futures indicate the FTSE 100 to open 0.2% lower on Tuesday. The index of London large-caps closed down 12.63 points, or 0.2%, at 8,262.75 on Monday.
Sterling was quoted at USD1.2802 early on Tuesday, higher than USD1.2788 at the London equities close on Monday.
The euro traded at USD1.0905 early on Tuesday, higher than USD1.0883 late Monday. Against the yen, the dollar was quoted at JPY156.12, down versus JPY156.16.
In the US on Monday, Wall Street ended a mixed bag, with the Dow Jones Industrial Average down 0.3%, the S&P 500 up 0.1% and the Nasdaq Composite up 0.6%.
In Asia on Tuesday, the Nikkei 225 index in Tokyo was down 0.3%. In China, the Shanghai Composite was down 0.2%, while the Hang Seng index in Hong Kong was up 0.3%. The S&P/ASX 200 in Sydney closed 0.1% higher.
Gold was quoted at USD2,348.70 an ounce early on Tuesday, higher than USD2,341.60 on Monday.
Brent oil was trading at USD77.50 a barrel early on Tuesday, lower than USD78.22 late Monday.
On Tuesday's corporate calendar, there are half-year results from Chemring and Gooch & Housego, and full-year results from LondonMetric and MyHealthChecked.
On the economic calendar, there is the UK British Retail Consortium retail sales monitor, as well as the Redbook index, job openings and labour turnover survey, and total vehicle sales from the US. European Central Bank member of the supervisory board Edouard Fernandez-Bollo, and supervisory board chair Claudia Buch, are both due to speak.
By Holly Beveridge, Alliance News reporter
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