LONDON, Aug 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening
up 15-19 points, or 0.4 percent on Tuesday, according to financial bookmakers,
rallying after falls on Monday in line with a recovery in Asia, though with Wall
Street lower and UK inflation numbers to digest nerves will remain on edge.
The FTSE 100 index closed 68.96 points lower on Monday at 4,645.01,
extending losses from Friday when the index shed 0.9 percent and marking its
biggest one day percentage loss since July 2.
Domestic inflation data will fall under the spotlight early on Tuesday, with
UK July consumer prices index (CPI) iue at 0830 GMT.
The median of economists polled by Reuters is for CPI inflation to fall to
1.5 percent in July from 1.8 percent in June. [ECONGB].
Investors will then focus on U.S. producer prices, which are forecast to
have fallen 0.3 percent in July, after rising 1.8 percent in June. [ECI/US]
There is also expected to be an uptick in housing starts in the U.S. in
July, to 600,000 from 582,000, and weekly ABC U.S. consumer confidence data will
also be a focus.
