of the UK Industrial production numbers. This data should give analysts some
hints on the condition of the industrial sector and if the interest rate
cuts are going to stimulate the struggling economy. The FTSE is likely to
start Tuesday morning in the red.
Oil prices firmed up yesterday as OPEC spread the news that they will be
cutting output at the next meeting. While it is not known how much will be
cut, it will take a significant cut to bring oil prices back to a decent
level. It is likely that oil prices will continue to rise, but stop around
the 45 dollar per barrel level.
Predicted opens as of 06:00 GMT
FTSE: 4258.5 (-35)
CAC40 3229.90 (-7.60)
DAX30 4679.1 (-42.2)
DOW: 8811 (-91)
SP500 897.18 (-7.50)
Gold: 772.90 (-3.10)
Oil: 43.81 (+0.25)
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