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Home Markets

What you need to know before the open

by The Editor
April 12, 2018
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What you need to know before the open
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Today's top story: Donald Trump warns Syria and Russia 'missiles are coming – get ready'

European markets are expected to open mixed this morning as investors grapple with geopolitical concerns.

Yesterday, US President Donald Trumpwarned Russia to "get ready" for missiles fired into Syria, sending oil and gold prices up but rattling markets.

The UK's FTSE is set to open 17 points lower at 7,240, while Germany's Dax is seen starting the day five points lower at 12,288 and the French Cac is set to open unchanged at 5,277, according to London Capital Group.

Equities in Asia were lower today after Wall Street edged down last night.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent while Japan's Nikkei was down slightly after the US's S&P 500 lost 0.55 per cent and the tech-heavy Nasdaq fell 0.36 per cent last night.

Corporate news

  • WeWork – the co-working firm is mulling an acquisition of Chinese rival Naked Hub, according to Reuters
  • WH Smith – the retailer will report its interim results amid a rout on the high street
  • Takata – Key Safety Systems has completed its $1.6bn acquisition of the bankrupt airbag maker

Data

  • 07:45 – French consumer price index (March)
  • 10:00 – Eurozone industrial production (February)
  • ​12:30 – ECB monetary policy meeting accounts
  • 13:30 – US initial jobless claims (6 April)

The Editor

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