PRE-OPEN REPORT: Headline shares are tipped to open slightly higher this morning, with the BoE interest rate decision the highlight of the day, and with Cadbury a possible focus on reports of an imminent bid from Hershey.
US & ASIA
In the US last night, the Dow added 51 points at 10,337, the Nasdaq Composite rose 11 points to 2,184 and the S&P500 was up 4 points at 1,096.
In Asia today, the Nikkei was down 123.38 points at 9,881.34, while the Hang Seng ended the morning off 164.67 points at 21,577.09.
Crude oil traded at $70.81 a barrel on Nymex.
Gold settled at $1,126 an ounce.
LONDON MARKETS
The BoE Interest Rate Decision is due to be announced at noon, with expectations that it will maintain the status quo.
In the corporate diary for the day, interim results are due from API Group, Consort Medical, Premier Farnell, DS Smith, International Greetings, Mulberry Group, Sports Direct International, Titon Holdings and Tricorn Group.
Final results are scheduled from Foreign & Colonial Eurotrust.
Eaga is listed to issue a trading statement.
BowLeven, Centaur Media, Glisten, Preston North End, Quadrise Fuels International, Rambler Metals and Mining and Tottenham Hotspur host their AGMs.
Story provided by Business Financial Newswire
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