FTSE 100 is predicted to open lower ahead of UK jobs data and Federal Reserve’s interest rate decision

The FTSE is predicted to open lower with the focus on UK jobs data, an expected Tory/DUP pact announcement and the Federal Reserve’s policy decision

The FTSE 100 is set to open four points lower at 7,496 as investors keep an eye on UK political developments and look ahead to UK jobs data and the Federal Reserve’s interest rate decision.

Theresa May’s Conservative Party is expected to announced a pact with the Democratic Unionist Party today, which will set the tone for Brexit talks that are due to begin next week.