The UK FTSE 100 index has opened lower today after official UK jobs data released this morning from the ONS shows that the number of payrolled employees decreased by 0.2% in March 2021, equivalent to 56,000 people. That was unexpected and the first dip in four months.
Investors will also be monitoring the latest batch of earnings with more large companies reporting today both in Europe and the US. Associated British Foods is reporting and Netflix reports after market close in the US.
Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’