Listen to this article
Time for a health check on a bunch of key European economies today, with PMI readings for the manufacturing and services sectors due.
It has been a decent day in Asia for stocks, with the Topix up 0.6 per cent and China’s Shanghai Composite ahead 0.3 per cent. Australia’s S&P/ASX 200 closed 0.1 per cent lower and Hong Kong’s Hang Seng was down 0.3 per cent.
Futures tip the FTSE 100 to open 0.1 per cent lower, and for the S&P 500 to add 0.1 per cent after a long weekend.
HSBC and BHP Billiton have kicked off the day from a reporting point of view, and companies to keep an eye on later this morning include Anglo American, John Wood Group and InterContinental Hotels. Here is today’s economic calendar (London times):
- 07.00: Swiss trade
- 0745: French CPI final reading
- 08.00: French PMIs
- 08.30: German PMIs
- 09.00: Eurozone PMIs
- 09.30: UK public sector net borrowing
- 10.00: BoE’s Carney speaking in UK parliament
- 10.00: BoE’s Haldane publishes annual MPC report