LONDON (ShareCast) - 1500: The University of Michigan's preliminary reading on US consumer confidence for June rose to 94.6 (consensus: 91.5). The sub-index tracking consumers' perception of current conditions jumped to 106.8 from 100.8 at the end of May, but the a gauge of expectations also rose, to reach 86.8 versus a reading of 84.2 for the month before.
1104: The FTSE 100 is down 21.44 at 6,825.30 as Greek jitters continue to weigh on stocks. "A lack of progress in the Greek debt talks has seen the IMF throw in the towel and head home, leaving Greece´s confident prognosis about discussions looking very hollow," said IG analyst Alastair McCaig.
0940: Catering group Compass is on the decline after Exane BNP Paribas downgraded the stock to 'neutral'. Bernstein has downgraded Severn Trent and United Utilities to 'market perform' from 'outperform'. Gambling outfit Bwin.party has dropped as much as 10% after two of its largest shareholders sold 50m shares.
0930: Britain's economy grew more than previously estimated in 2014 and in the first six months of the year, the Office for National Statistics has said. GDP rose 3.1% in 2014 compared with a previous estimate of 2.8%. ONS said it has changed the way it calculates price changes in the construction sector and its method for seasonal adjustments to the data.
0830: UK markets have opened on the back foot as concerns about Greece dampen sentiment after the IMF's technical team left talks due to a lack of progress. A report in newspaper Bild has also worried investors after suggesting that German Chancellor Angela Merkel's advisers are holding discussions on how to deal with a Greek default.
Email this article to a friend
or share it with one of these popular networks:
2,474.00p
Trade now with Barclays Stockbrokers
Update - 
