FTSE to edge lower after North Korea missile launch

The FTSE 100 is expected to open around 5 points lower at the open as investors attempt to weigh up the potential impact of a further missile launch over Japan by North Korea.

US & ASIA

US markets ended yesterday's session mixed, with the Dow rising 0.2% at 22,203.48, while the S&P 500 ended 0.11% weaker at 2,495.62 and the Nasdaq by 0.48% at 6,429.08.

In Asia this morning, the Nikkei 225 was recently up by 0.51% at 19,907.47 and the Hang Seng was 0.25% higher at 27,846.15.

COMMODITIES

At around 6.15am, WTI crude was 0.24% lower at $49.77 per barrel and Brent was down 0.31% at $55.3 per barrel.

Gold was up by 0.33% at $1,333.7 an ounce this morning, as was silver but copper was down slightly.

LONDON MARKETS

Final results are due from JD Wetherspoon and a trading update is expected from SThree.

In addition, a shareholder meeting is due to be hosted by Blenheim Natural Resources.