FTSE may benefit further from still-weak sterling

London equities are due to open after falls on Wall St and rises in Asia, with the still-soft sterling potentially providing a further filip for the FTSE in today's session.


On Wall St overnight, the Dow Jones Industrial Average fell 0.47% to 18,168.45, the S&P 500 lost 0.5% to 2150.49 and the Nasdaq Composite faltered 0.21% to 5289.66.

In Asia, the Nikkei 225 had risen 0.57% to 16,830.99, while the Hang Seng firmed 0.45% to 23,796.21.

At 5.54am, WTI crude was up 0.94% to $49.15/bbl and Brent was up 0.86% to $51.31/bbl. Gold was up 0.53% to $1276.4/oz.


Today's diary includes UK's services purchasing manager's index (PMI) and the BRC shop-price index. Multiple Euro zone countries issue their services PMI.