{"id":139226,"title":"FTSE 100 futures point higher on Hormuz deal hopes","publisher":"Share Talk","author":"sharetalk","published":"2026-08-06T06:32:56+00:00","modified":"2026-08-06T06:34:09+00:00","canonical_url":"https://www.share-talk.com/ftse-100-futures-point-higher-on-hormuz-deal-hopes/","markdown_url":"https://www.share-talk.com/ftse-100-futures-point-higher-on-hormuz-deal-hopes.md","json_url":"https://www.share-talk.com/ftse-100-futures-point-higher-on-hormuz-deal-hopes.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["Asia","Bangkok","Denmark","Endeavour Mining","Fed","Federal Reserve","Finland","FRANCE","FTSE 100","GERMANY","Glencore","Greenland plan","Hong kong","Japan","London","Manila","mining stocks","Mumbai","Nasdaq Composite","NATO alliance","Netherlands","Nikkei 225","Norway","S&P 500","shanghai","Singapore","Sweden","Sydney","Taiwan","UK","United States","Wall Street","Wellington"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/01/FTSE-100.jpg?fit=1200%2C800&quality=89&ssl=1","format":"news","language":"en-GB","content":"**London stocks** are expected to edge higher on Thursday as investors monitor developments surrounding the **Strait of Hormuz** while digesting another busy day of corporate earnings.\n\nFutures indicate the **FTSE 100** will open around **11 points higher**, or **0.1%**, at **10,898.70**, after the index closed **0.1%** higher at **10,888.30** on Wednesday.\n\nIran and Oman have agreed a shipping route through the **Strait of Hormuz** and are finalising arrangements to jointly manage the strategic waterway. However, Tehran said any full reopening remains dependent on the US ending what it describes as a naval blockade of Iranian ports.\n\nThe prospect of easing tensions continued to weigh on oil prices, with **Brent crude** slipping to **US$79.13 a barrel**, down from **US$79.47** at Wednesday’s close.\n\nWall Street delivered a mixed performance overnight. The **Dow Jones** gained **0.5%**, while the **S&P 500** eased **0.2%** and the **Nasdaq** fell **0.8%** as technology stocks came under pressure.\n\nAsian markets were also mixed. Japan’s **Nikkei 225** fell **0.8%**, Hong Kong’s **Hang Seng** declined **1.8%**, and China’s **Shanghai Composite** edged **0.1%** lower. Australia’s **S&P/ASX 200** rose **0.4%** after the country’s trade balance unexpectedly returned to surplus in June.\n\nIn currency markets, **sterling** eased slightly to **US$1.3461**, while the **euro** strengthened to **US$1.1549**. **Gold** extended its rally to **US$4,265.90 an ounce**.\n\nInvestors will also be watching a packed corporate diary featuring results from **Diageo**, **Persimmon**, **Admiral**, **Hikma Pharmaceuticals**, **WPP** and **Wizz Air**.\n\nOn the economic front, attention will focus on **UK construction PMI** data, alongside eurozone retail sales, German factory orders and US weekly jobless claims."}