London’s blue-chip benchmark is seen slightly higher, called up around 8 points ahead of the open.
The FTSE 100 is set to start Thursday a shade higher after last night’s US Federal Reserve meeting came and went without any material changes.
CFD and spreadbetting firm IG sees the London index rising around 8 points, making a price of 6,970 to 6,973 with just over an hour to go until the open.
Thursday is set to be another busy day of blue-chip reporting including results from Plc (), () and Paddy Powe owner ().
Over the pond, improving economic indicators in the United States bode well for the market but still fall short of the ‘heat’ that would make central bankers move away from ultra-low interest rates.
March saw the US economy add nearly 1mln new jobs but as Fed chair Jerome Powell highlighted there are still some 8mln Americans out of work in the pandemic, “substantial further progress” would be needed, he added.
“Last night’s Fed statement saw the US central bank acknowledge the recent improvement in US economic data, but also reiterate that they…
