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The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK

Live Finance

FTSE 100 LIVE: Blue- chips set for firmer start despite global bond rout

City of London, St Mary Axe (The Gherkin).
Shot in the evening near dusk, the light gives an awesome effect on the Gherkin. The contrast of old and new is common in London. — Credit: Will Kennard by Unsplash
Will Kennard by Unsplash

Preview

The FTSE 100 is expected to open around 41 points higher, shrugging off a bond selloff that has rattled markets elsewhere.

The US 10-year Treasury yield hovered at 5.19% after hitting a 19-year high on Thursday, while the 30-year reached its highest since 2004.

Asian stocks mostly slipped, with Hong Kong's Hang Seng down nearly 2%, though Tokyo's Nikkei rose 1.3%.

Brent crude eased after jumping more than 3% on Thursday following a Houthi missile attack on Saudi Arabia.

Reports of a possible US-Iran deal to reopen the Strait of Hormuz cooled prices.

Traders now price a 70% chance of a Federal Reserve rate rise in October, up from about 53% earlier in the week.

Investors are also weighing Thursday's Trump-Xi talks at the White House.

London, for now, looks happy to ignore the noise.

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