London pre-open: Stocks seen muted amid Covid concerns; China GDP in focus


Source: ifamagazine.com ifamagazine.com

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(Sharecast News) – London stocks were set for a muted open on Monday as investors digest the latest Chinese GDP data, amid ongoing concerns about the Covid-19 crisis. The FTSE 100 was called to open seven points lower at 6,735. CMC Markets analyst Michael Hewson said: “Over the weekend reports out of Germany suggested the prospect of a night time curfew was being considered, after France imposed its own lockdown curfew from 6pm in the evening last week. The UK government also tightened its own lockdown rules, closing all travel corridors into the country starting at 4am this morning, and...