FTSE 100 expected to open lower ahead of US jobs data

CoinRank News: The FTSE 100 index is set to open 15 points lower, or 0.2%, according to IG. On Thursday, the index closed up 68 points, or 0.8%, at 8,319. On Thursday, the depreciation of the pound boosted the shares of most of the overseas earners in the index. Investors are looking forward to the US non-farm payrolls report for clues on the Federal Reserves interest rate path. Swissquote said stronger-than-expected data would push back expectations of another rate cut to June, while weaker-than-expected data would strengthen bets on a rate cut in May. (Jinshi)