Market News and Views
The FTSE 100 is called to open higher this morning helped by strength overnight in Asia on the back of strong manufacturing data from China. There is a raft of economic data due out today mainly from the US but domestically we kick off the week with manufacturing PMI. However, the bigger focus for investors this week will be the outcome of the US FOMC meeting starting on Tuesday with the US mid-term elections also taking place the same day. In trading this morning, sterling is up against the dollar but near flat against the euro.
Today's Company announcements
Weir IMS reports that it has performed well in Q3 and the positive trends seen together with some further foreign exchange translation benefits means that it now expects profits for 2010 to be ahead of previous expectations.
BG Queensland LNG Project Update. It has announced final investment approval for the first phase of this project in Queensland state in Australia and will spend $15bn over the next 4 years, its single biggest investment it has undertaken.
360investgroup
carbon credits
BG Queensland LNG Project Update. It has announced final investment approval for the first phase of this project in Queensland state in Australia and will spend $15bn over the next 4 years, its single biggest investment it has undertaken.
360investgroup
carbon credits
