What you need to know before the open

Today's top story: PM fends off Tory rebellion over 'meaningful vote' on Brexit deal

Today's leader: Pidgley's ominous call on the London market

Alarm bells are sounding in Whitehall this morning after it emerged that Donald Trump is planning to meet his Russian counterpart Vladimir Putin when the US president visits Europe next month. There are fears a meeting could further damage Trump's position towards Nato, not least because the US has also just withdrawn from the UN's human rights council.

Trump also backed down last night on his "zero-tolerance" immigration policy that forced the separation of children as young as three from their parents at the US/Mexican border.

Meanwhile, the FTSE is predicted to open slightly up this morning at 7,661 points, according to IG Squawk. The German Dax is expected to open up 0.36 per cent to 12, 741, while the French Cac is expected to rise 0.33 per cent at 5,390 points.

Asian shares inched ahead during a period of quiet in the rumbling trade war between the US and China. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 per cent, while Japan's Nikkei added 0.7 per cent.

Corporate news

  • Dixons Carphone – the telecoms giant has its final results out today
  • Chemring – will release its interim results today


  • 09.30 -UK public sector net borrowing (May)
  • 12.00 – BoE asset purchase facility
  • 12.00 – BoE interest rate decision
  • 12.00 – Monetary Policy summary
  • 12.00 – BoE MPC vote cut
  • 12.00 – BoE MPC vote unchanged
  • 12.00 – BoE MPC vote hike
  • 12.00 – BoE minutes

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