(MENAFN- ProactiveInvestors - UK) London was set for a nervy start after another bad night for Asian stock markets.
Financial spread bet firms see FTSE 100 opening flat at around the 5632 mark where it closed Tuesday but the mood can change quickly.
This week so far London's blue chips have shed around 50bn in value with bank shares taking the brunt of the selling on worries of a new liquidity crunch.
Japanese markets though have fared much worse.
The Nikkei is now back to its levels of 2014 after days of heavy selling.
Tokyo lost 5.4% of its value on Tuesday and was heading for another heavy loss today.
Towards the end of trading the index was off by some 2.3%.
US shares performed a little better though small gains in the afternoon session had given way to another decline by the close of trading.
The Dow Jones Industrial Average was 13 points lower to 16014 with weak oil prices again a feature. Crude was down to around the US$28 per barrel. Nasdaq and the S&P 500 were also in the red.
Janet Yellen the US Federal Reserve chair makes two speeches over the next two days.
UK company news sees Tullow Oil (LON:TLW) which operates in Africa and elsewhere report and write-downs are likely to feature heavily.
Apple supplier ARM (LON:ARM) will also give a measure of how the smart phone market is holding up to the global uncertaintty currently.
BellwayElectrocomponents Great Portland brewerGreene KingandVictrex also are due to issue updates.
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