Britain’s FTSE 100 Index seen gaining today

<p>The UK 100 opened positive this morning and is currently down 10 points. The DAX is up 60 points, the CAC is up 30 points […]</p>

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  • The UK 100 opened positive this morning and is currently down 10 points. The DAX is up 60 points, the CAC is up 30 points and Dow Futures are currently trading up 50 points.
  • Britain’s FTSE 100 Index is seen gaining on Thursday, bouncing off seven-week lows hit in the previous session as bargain hunters move in, although gains could be limited as worries about the eurozone keep sentiment fragile.
  • In currencies, GBP/USD is trading at 1.5530, EUR/USD is trading at 1.3374 and USD/JPY is at 77.20.
  • Gold is currently trading at $1,695 per troy ounce, while crude oil for January delivery is trading at $96.66 per barrel.
  • We will be operating a reduced market schedule today on account of the US bank holiday. Please see the City Index website for the schedule.

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