5th Dec 2025 06:57
(Alliance News) - Stocks in London are set to open flat on Friday, as eyes turn to next week's Federal Reserve decision.
IG says futures indicate the FTSE 100 to open just 0.7 points higher at 9,711.57 on Friday. The index of London large-caps closed up 18.80 points, 0.2%, at 9,710.87 on Thursday.
In New York on Thursday, the Dow Jones Industrial Average fell 0.1%, the S&P 500 edged up 0.1% and the Nasdaq Composite added 0.2%.
"Trading conditions weren't exactly exhilarating yesterday, with little for participants to chew over. Today's docket also seems uninspiring, with next week's FOMC decision the next key event for participants to navigate," Pepperstone analyst Michael Brown commented.
Friday's economic events calendar has belated US personal consumption expenditures data for September at 1330 GMT. Before that, there is a German factory orders reading at 0700 GMT and eurozone gross domestic product data at 1000 GMT.
Brown added: "September's US PCE figures are far too stale to matter."
The pound edged down to USD1.3349 early Friday, from USD1.3353 at the time of the London equities close on Thursday. The euro was flat at USD1.1659 from USD1.1658. Against the yen, the dollar fell to JPY154.55 from JPY154.75.
Gold rose to USD4,225.61 an ounce, from USD4,214.64. A barrel of Brent faded to USD63.13 from USD63.45 at the time of the London equities close on Thursday.
The yield on the 10-year US Treasury was unchanged at 4.10%. The 30-year yield narrowed to 4.75% from 4.76%.
In Tokyo, the Nikkei 225 fell 1.1%. In China, the Shanghai Composite was 0.7% higher, while the Hang Seng Index in Hong Kong was up 0.5%. Sydney's S&P/ASX 200 rose 0.2%.
By Eric Cunha, Alliance News news editor
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