FTSE 100 opens negative this morning

<p>The UK 100 opened negative this morning, currently down 28 points. The DAX is down 37 points, the CAC is down 13 points and Dow […]</p>

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  • The UK 100 opened negative this morning, currently down 28 points.
  • The DAX is down 37 points, the CAC is down 13 points and Dow Futures are down 70 points.
  • European stock index futures pointed to a lower open on Thursday following a sell-off on Wall Street after ratings agency Fitch said the outlook for US banks could worsen if the eurozone debt crisis is not resolved quickly.
  • In currencies, GBP/USD is currently trading at 1.5744, EUR/USD is at 1.3481 and USD/JPY is at 76.98.
  • Gold is currently at 1,763 per ounce and US crude oil for January delivery is at $111.67 per barrel.
  • No major economic data is scheduled for release today.

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