What you need to know before the open – 31/01
Losses in Asia and mixed US stock futures are expected to push European markets lower this morning.
Today’s main focus is EU unemployment numbers, which are expected to remain eye-wateringly high in the periphery.
ETX Capital #morningcall: FTSE100 down 10 points, the DAX lower by 7 points and the CAC40 up 6 points
— ETX Capital (@ETXCapital) January 31, 2014
Key events:
- Italy unemployment for December at 9.00am. Expected unchanged at 12.7 per cent.
- EU consumer price index for January at 10.00am.
- EU unemployment rate for December at 10.00am. Expected unchanged at 12.1 per cent.
- US core personal consumption expenditure – price index for December at 1.30pm.
- US personal spending for December at 1.30pm. Expected at 0.3 per cent from 0.5 per cent.
- US Chicago purchasing managers’ index for January at 2.45pm. Expected at 59.0 from 59.1.
- US Reuters/Michigan consumer sentiment index for January at 2.55pm. Expected at 81.0 from 82.5.