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What you need to know before the open

by The Editor
June 11, 2018
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What you need to know before the open
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Today's top story: Top Trump advisers say Trudeau "stabbed US in the back" as tariff anger mounts

Today's leader: BT's investors lost faith in Gavin Patterson

After a turbulent weekend at the G7 summit in Quebec, it ended in disarray when US President Donald Trump decided to leave early for his meeting with North Korean leader Kim Jong-un in Singapore.

The FTSE is it expected to open up 15 points to 7,693, the German Dax is projected to edge up eight points to 12,776 while the French Cac is expected to open down 13 points at 5,443.

Asian stocks have been shaky since the G7 summit over fears of a potential trade war by the US over trade tariffs.

Meanwhile the UK's manufacturing and industrial production figures out this morning are expected to be a bit of "a mixed bag", according to LGC's Jasper Lawler.

Corporate news

  • IG Design Group – the greeting cards company has results out this morning
  • Palace Capital – the property investment company said it had been a transformational year in its final results
  • Coca Cola – will hold its annual general meeting later today

Data

  • 09.30 – Manufacturing production, April (UK)
  • 09.30 – Industrial production, April (UK)
  • 09.30 – Total trade balance, April (UK)

The Editor

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