{"id":60318,"date":"2018-01-23T02:52:16","date_gmt":"2018-01-23T02:52:16","guid":{"rendered":"http:\/\/www.bnreport.com\/what-you-need-to-know-before-the-open-16\/"},"modified":"2018-01-23T02:52:16","modified_gmt":"2018-01-23T02:52:16","slug":"what-you-need-to-know-before-the-open-16","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/what-you-need-to-know-before-the-open-16\/","title":{"rendered":"What you need to know before the open"},"content":{"rendered":"

Today's top story:<\/strong>May warned over knee-jerk executive pay reform after Carillion collapse<\/a><\/p>\n

Today's leader: <\/strong>The European Union stands to benefit from a City Brexit deal<\/a><\/p>\n

To kick off the week, the government shutdown in the US<\/a> enters its third day after Senate negotiators failed to reach agreement yesterday.<\/p>\n

Many federal employees are now left in limbo with the Senate yet to provide government funding through to February.<\/p>\n

The uncertainty has impacted financial markets in the US and Asian stocks, with MSCI's broadest index of Asia-Pacific shares outside Japan dipping 0.2 per cent, and Japan's Nikkei down 0.1 per cent. <\/p>\n

The prospect of a drawn-out shutdown in the US could, analysts say, dampen investors' confidence in US assets.<\/p>\n

Meanwhile, European markets are set for a mixed start to the week.<\/p>\n

IG is expecting the FTSE to open down 15 points at 7,719, the German Dax down 26 points at 13,469 and the French Cac opening up 10 points at 5,532.<\/p>\n

It followed a positive end to last week for the FTSE, which closed up, boosted by EasyJet<\/a> and miners Randgold and Fresnillo<\/a>, with strong metals prices providing a lift.<\/p>\n

Corporate news<\/h2>\n