(Alliance News) – London’s FTSE 100 is called to open lower on Thursday, as optimism following a cooler-than-expected US inflation reading wanes.
Weighing on sentiment on Thursday are Middle East tensions, and tariff threat from the US president. Stocks in New York surrendered earlier gains to close lower on Wednesday, while Asian equities were weaker on Thursday.
IG says futures indicate the FTSE 100 to open 39.5 points lower, 0.5%, at 8,824.85 on Thursday. The index of London large-caps closed up 11.27 points, 0.1%, at 8,864.35 on Wednesday.
In Tokyo on Thursday, the Nikkei 225 was 0.6% lower in afternoon trade. In China, the Shanghai Composite was slightly lower, while the Hang Seng Index in Hong Kong shed 0.9%. Over in Sydney, the S&P/ASX 200 was 0.1% lower.
The weak trade in the Asia Pacific region followed a lower close in New York. Stocks in New York fell despite the start of the trading day stateside offering some promise…
