Headline shares are tipped to open between 45 and 50 points higher, according to financial websites, following strong gains in New York last night. In the US last night, the Dow climbed 214 points at 10,405, the Nasdaq Composite was up 62 points at 2,306 and the S&P 500 gained 26 points at 1,115. In Asia today, the Nikkei was up 192.99 points at 10,080.88, while the Hang Seng ended the morning ahead 10.24 points at 20,062.15. Crude oil traded at $76.99 a barrel on Nymex while gold settled at $1,236 an ounce.
LONDON MARKETS
In the corporate diary for the day, final results are scheduled from: Bango(LON:BGO), F&C Global Smaller Companies Plc, Liontrust Asset Management(LON:LIO), Rpc Group(LON:RPC) and Trifast(LON:TRI) Plc. Interims are due from Safestore (SAFE) and Servoca Plc(LON:SVCA) and a trading statement is expected from J Sainsbury PLC.
Aegis Group(LON:AGS), Atlas Estates(LON:ATLS), Biocompatibles International(LON:BII), Christie Group(LON:CTG), Dexion Equity Alternative(LON:DEA), Dexion Trading(LON:DTL), Hellenic Telecommunications Organization, Patagonia Gold(LON:PGD), Sport Media Group Plc (LON:SPMG) and Tarsus Group(LON:TRS) will host their AGMs/EGMs.
ECONOMIC ANNOUNCEMENTS
09:30 UK Claimant Count Change
09:30 UK Average Earnings Index 3m/y
09:30 UK Unemployment Rate
10:00 EU CPI y/y
10:00 EU Core CPI y/y
13:30 US Building Permits
13:30 US PPI m/m
13:30 US Core PPI m/m
13:30 US Housing Starts
14:15 US Capacity Utilization Rate
14:15 US Industrial Production m/m
15.30 US crude oil inventories
© 2010 Stockmarketwire.com. All rights reserved
