London Stocks Expected to Open Higher, Helped as China Reports Robust Growth
The FTSE 100 index is expected to open higher, according to IG, after positive news out of China helped to boost sentiment, traders were also encouraged by the recent drop in gilt yields, and U.K. retail data, which increased the likelihood of the BOE cutting rates next month, but retailers could fare less well.
The FTSE 100 index is expected to open higher, according to IG, after positive news out of China helped to boost sentiment, traders were also encouraged by the recent drop in gilt yields, and U.K. retail data, which increased the likelihood of the BOE cutting rates next month, but retailers could fare less well.
