FTSE100 called to open lower after Greece misses payment


(MENAFN- ProactiveInvestors)FTSE 100 is called to open lower Friday as global indices fell and Greece missed its Euro 300mln payment to the IMF. The move took many by surpise as Greece decided to bundle debt together for a payment at the end of this month (June) as it ramps up political wranglong with its European creditors - not least as the PM has appeared bullish about striking an accord. It is clear the argument will rumble on and differences still abound. FTSE 100 closed 1.32% down yesterday with news emerging that HSBC (LON:HSBA) had been fined a record £27.8mln by Swiss authorities over money-laundering claims at the Swiss subsidiary sending its shares down. Today financial spreadbetters at IG Index are calling the blue chip exchange to open lower still - around 21 points down. In Asia overnight stocks fell. The Nikkei 225 sank 91 to 20399 while the Shanghai Composite Index dropped 29 points. The benchmark Dow Jones in the US closed 17 points down at 17906. Stateside attention is on when the Fed will raise rates and today's non farm jobs numbers will no doubt continue the debate. The market is looking for 226000 jobs to have bene added last month with the unemployment rate remaining at 5.4%. In London's corporate news Bellway Homes (LON:BWY) and Halfords (LON:HFD) are set to report.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.