You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #31: UK Stocks -- Factors to watch on Friday May 6 [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-06-11 06:51 AM
Response to Reply #26
31. UK Stocks -- Factors to watch on Friday May 6
http://uk.reuters.com/article/2011/05/06/markets-britain-factors-idUKLDE69007720110506

May 6 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 4 to 10 points lower on Friday, with investors nervously awaiting non-farm payrolls data from the United States after a sharp sell-off in the previous two sessions.

The blue-chip index is seen falling as much as 0.2 percent, according to financial bookmakers, after it slid 1.1 percent to 5,919.98 points in the previous session, bringing its losses to 2.5 percent for the week so far.

A sharp sell-off in commodities has led to big falls in miners and energy stocks, but metal prices and crude prices have stabilised as investors look to see if the U.S. employment data may revive a sense that the global economy is recovering fast.

The median consensus view for non-farm payrolls due for release at 1230 GMT is that 186,000 jobs will have been created in April, but analysts said that investors were positioning themselves for a lower number, so if it matches expectations there could be a bounce in equities.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC