FTSE 100: Expected to open 10 points lower as oil hits resistance $40.00 $FTSE #FTSE #FTSE100

Even though we have had China higher overnight on weaker inflation leaving the door open to further stimulus. European equities will focus on the USD/JPY < 108 and Nikkei down overnight.

Also Oil has failed to surpass $40.00 as growth concerns dominate weaker supply relief.