FTSE to open as oil, gold prices remain firmly up

London stocks will open against a fabric of hefty gains in crude oil and gold prices, and positive performances by equities indices on Wall St and in Asia, with Brexit, Donald Trump and popular votes in Italy and France in focus.

US & ASIA

On Wall St last night, the Dow Jones Industrial Average rose 0.47% to 18,956.69, the S&P 500 firmed 0.75% to 2198.18 and the Nasdaq Composite gained 0.89% to 5368.86.

In Asia this morning, the Nikkei 225 had improved 0.29% to 18,158.85 and the the Hang Seng had gained 1.32% to 22,653.72.

At 6.04am, WTI crude was up 3.94% to $47.49/bbl and Brent was up 1.37% to $49.57/bbl. Gold was up 0.68% to $1218.0/oz.

LONDON MARKETS

Interim results are due from Assura, Babcock International, Big Yellow, CML Microsystems, De La Rue, Halma, Homeserve, Solid State, Telecom plus, Victoria and Worldwide Healthcare Trust.

Trading statements are expected from Homeserve, Intertek, Kingfisher, Rotork, Spirax-Sarco Engineering, SVG Capital and Spectris. Final results are in the diary for Compass, CYBG and Renew Holdings. Shareholder meetings are expected by Berkeley Energia.