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FTSE seen tentatively higher when trading gets underway

By BFN News | 06:08 AM | Thursday 07 December, 2017

London markets are expected to make steady progress this morning, with the FTSE 100 called around 22 points higher, while Brexit chaos continues to hamper any sense of positivity in the City, with UK Prime Minister May's cabinet split over the direction of EU negotiations. OVERSEAS MARKETS In the US overnight, the Dow closed 0.16% lower at 24,140.91, the S&P 500 fell 0.01% to end at 2,629.27, while the Nasdaq finished 0.21% higher at 6,776.38. In Asia this morning, the Nikkei 225 was up 1.39% at 22,485.7 and the Hang Seng was 0.6% higher at 28,393.18. COMMODITIES WTI crude was 0.13% higher at $56.03 per barrel and Brent was up 0.21% at $61.35 per barrel. Gold was 0.14% weaker at $1,264.3 an ounce, silver was up 0.09% and copper was trading 0.22% higher. LONDON MARKETS Final results are due from CareTech and interims are expected from Clipper Logistics, Mulberry and DS Smith. Meanwhile, the following companies are to host shareholder meetings: - Abcam, - Aeorema Communications, - Fidelity Asian Values, - Frontier IP, - Foresight Solar VCT, - MJ Gleeson, - Hemogenyx Pharmaceuticals, - Henderson International Income Trust, - The Brighton Pier Group, and - Sanditon Investment Trust. In economic news, the latest house price index reading from Halifax is due this morning. Story provided by

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