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LONDON MARKET EARLY CALL: Lower ahead of eurozone GDP, NatWest results


LONDON MARKET EARLY CALL: Lower ahead of eurozone GDP, NatWest results
Fri, 30th Jul 2021 06:57
(Alliance News) - Stock prices in London are seen opening lower on Friday, as Asian equities fell sharply once again, and ahead of another busy day for UK corporate earnings.
The data calendar has a spate of gross domestic product updates from Europe, including Germany at 0700 BST and the eurozone at 1000 BST.
IG futures indicate the FTSE 100 index is to open 42.8 points lower at 7,035.62. The blue-chip index closed up 0.9%, or 61.79 points at 7,078.42 on Thursday. For the week, the large-cap index has so far gained 0.7%.
The big question today as we come to month-end is, will the recovery seen in the past two days be enough to see European markets post their six successive monthly gains, CMC Markets analyst Michael Hewson commented. ....

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