Before the open – 19/07
The FTSE 100 is expected to open down after US companies including Google and Microsoft posted earnings missing for the second quarter. Asian markets saw some decline on profit taking before the election this weekend.
ETX Capital #morningcall: FTSE100 down 30 points, the DAX lower by 40 points and the CAC40 off by 17 points
— ETX Capital (@ETXCapital) July 19, 2013
$FTSE indicating -9.5 points, profit taking in Japan ahead of weekend election. UK Corporate light. $VOD numbers inline.$FRES cut to sell GS
— IG (@IGSquawk) July 19, 2013
Very light macro data today:
- Italian industrial sales and orders for May, out at 09.00.
- UK public sector net borrowing stats for June are released at 09.30