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What you need to know before the open

Today's top story: Double t-rouble: Russian currency ha..

Today's top story: Double t-rouble: Russian currency hammered as markets reel from souring relations with West

Today's leader: The UK must set its own rules after Brexit

Yesterday, the Russian rouble took another hit, falling to its lowest point in over a year, after a fresh round of US sanctions rattled the country's markets.

European markets, which rose yesterday, are expected to open lower this morning as investors look to company earnings.

The UK's FTSE is expected to start the day 20 points lower at 7,239 while Germany's Dax is set to start down by 58 points at 12,342 and the French Cac is seen 18 points lower at 5,289, according to IG.

Asian markets were mixed after yesterday's rally, with MSCI's broadest index of Asia-Pacific shares outside Japan up 0.2 per cent and Japan's Nikkei down 0.4 per cent. South Korea's Kospi and Australian shares were also lower.

Corporate news

Data

  • 09:30 – UK manufacturing production (February)
  • 09:30 – UK trade balance (February)
  • ​13:30 – US consumer price index (March)
  • 15:30 – US EIA crude oil stockpiles (6 April)

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