FTSE 100 expected to open lower ahead of US jobs data
Odaily reports that according to IG, the FTSE 100 index in the UK is expected to open 15 points lower, a decline of 0.2%. On Thursday, the index closed 68 points higher at 8,319 points, up 0.8%. On Thursday, the depreciation of the pound boosted the stocks of most overseas income earners in the index. Investors are eagerly awaiting the US non-farm payroll report to find clues about the Federal Reserve's interest rate path. Credit Suisse said that stronger-than-expected data will delay expectations of another rate cut until June, while weaker-than-expected data will strengthen bets on a rate cut in May. (Jinshi)
