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London Stocks Seen Opening Steady -- Market Talk

Dow Jones Newswires ·  Feb 19, 2021 02:44

DJ London Stocks Seen Opening Steady -- Market Talk

0744 GMT - The FTSE 100 index is expected to open unchanged, according to IG, having closed Thursday at 6617.15. Concerns about rising U.S. Treasury yields due to the prospect that higher inflation could lead central banks to scale back monetary easing earlier than expected are weighing on sentiment, analysts say. Lower oil prices are likely to hurt oil-linked stocks, while U.K. data earlier showed retail sales fell more than expected in January. Individual company news in focus include 4Q results from U.K. bank NatWest. U.K. provisional purchasing managers surveys are released at 0930 GMT. (jessica.fleetham@wsj.com)

(END) Dow Jones Newswires

February 19, 2021 02:44 ET (07:44 GMT)

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