FTSE seen starting slow ahead of UK's CPI, PPI

London equities are seen continuing the thread of a slow start as traders look ahead to UK's consumer-price and producer-price indices readings, which are due out mid-morning.

Attention will also focus on the country's retail-price and house-price indices, along with public-sector net borrowing and CBI industrial order expectations.


On Wall St last night, the Dow Jones Industrial Average shed 0.04% to 20,905.86, the S&P 500 lost 0.2% to 2373.47 and the Nasdaq Composite gained 0.01% to 5901.53.

In Asia this morning, the Nikkei 225 had fallen 0.35% to 19,455.88, while the Hang Seng rose 0.35% to 24,588.17.

At 6.41am, WTI crude was up 0.35% to $48.39/bbl and Brent was up 0.41% to $51.83/bbl. Gold and silver prices were mildly lower, but had fallen firmly.


Interim results are due from Bellway and Earthport. Final results are expected from 888 Holdings, Amec Foster Wheeler, Augean, EKF Diagnostics, EnQuest, Fevertree Drinks, Faroe Petroleum, Hansteen, IQE, Judges Scientific, Nahl, Safecharge, Smart Metering Systems, Ubisense Group and Vectura.

Shareholder meetings are due for Electronic Data Processing, One Media IP, Blue Prism, and River & Mercantile UK Micro Cap. A trading statement is expected from IG Group.