Stocks in London are set to open lower on Thursday, returning some of Wednesday s gains that followed a surprisingly tame UK inflation reading.
IG says futures indicate the FTSE 100 to open down.
Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year.
The FTSE 100 index closed up.
Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment.
The FTSE 100 index closed up 77.65 points, 1.0%, at 7,715.68..