FTSE 100 started strong the session adding 0.70% at 7,361 after Brexit party has stood down from 43 non-Tory seats while investors await the Boris Johnson debate with Labour Party leader Jeremy Corbyn. Wall Street indices finished slightly higher yesterday while today the Asian benchmarks ended mixed with the Nikkei giving up 0.53%.
Investors getting mixed signals from the trade talks as a Chinese official said that the mood in China is pessimistic. USA is planning to introduce tariffs on $155 billion worth of Chinese products. Meanwhile, Huawei was granted a 90-day extension period as the USA finalises regulations on telecommunication firms.
Later today we expect data from US housing market, the housing starts and building permits for October.