FTSE poised for Friday consolidation

London shares look poised for a Friday of consolidation thanks to the bulk of UK and US central rate-call and Brexit volatility behind them for the moment.

Investors will be looking to the EU trade balance out mid-morning, and this afternoon at US data for capacity utilisation, industrial production, inflation expectations and consumer sentiment.

US & ASIA

On Wall St last night, the Dow Jones Industrial Average fell 0.07% to 20.934.55, the S&P 500 dropped 0.16% to 2381.38 and the Nasdaq Composite gained 0.01% to 5900.76.

In Asia this morning, the Nikkei 225 had fallen 0.38% to 19,515.27, while the Hang Seng firmed 0.34% to 24,369.88.

At 6.14am, WTI crude was up 0.18% to $48.84/bbl and Brent was up 0.1% to $51.79/bbl. Gold was down 0.05% to $1226.5/oz, with silver also a smidgen lower and copper falling modestly.

LONDON MARKETS

Final results are due from React, with a trading statement expected from Investec. Shareholder meetings are scheduled for Lg Electronics, Chemring , Premier African Minerals, Spitfire Oil and Toro.