---
title: "London set for subdued open as Asian markets hit new highs"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-01-13T07:55:09+00:00"
modified: "2026-01-13T07:55:09+00:00"
date: 2026-01-13
canonical: "https://www.share-talk.com/london-set-for-subdued-open-as-asian-markets-hit-new-highs/"
category: "Business & Support Services"
categories: ["Business & Support Services", "Technology", "Technology, Media & Telecoms"]
tags: ["Endeavour Mining", "Fed", "Federal Reserve", "FTSE 100", "Glencore", "mining stocks", "Nasdaq Composite", "S&P 500", "United States", "Wall Street"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/FTSE-100-16-OCT-scaled.webp?fit=1200%2C675&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# London set for subdued open as Asian markets hit new highs

**Published:** January 13, 2026
**Author:** sharetalk
**Categories:** Business & Support Services, Technology, Technology, Media & Telecoms
**Tags:** Endeavour Mining, Fed, Federal Reserve, FTSE 100, Glencore, mining stocks, Nasdaq Composite, S&P 500, United States, Wall Street
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/FTSE-100-16-OCT-scaled.webp?fit=1200%2C675&quality=80&ssl=1)

---

Good morning. According to IG, futures point to a marginally lower open for the **FTSE 100** on Tuesday, with the index expected to fall by 4.5 points to 10,136.90. London’s large-cap index closed up 0.2% at 10,140.70 on Monday.

In currency markets, sterling was quoted at $1.3466 early on Tuesday, slightly below the $1.3468 level recorded at the close of London trading the previous day. The euro eased to $1.1655 from $1.1677 late on Monday. Against the Japanese yen, the dollar strengthened to ¥158.95, compared with ¥158.12 previously.

Oil prices moved higher, with Brent crude trading at $64.16 a barrel early Tuesday, up from $63.55 late on Monday. Ongoing turmoil in **Iran** and **Venezuela** remained in focus for energy markets.

On Wall Street, US equities ended Monday’s session modestly higher, as investors appeared to brush aside renewed concerns over **Donald Trump**’s threats to the independence of the **Federal Reserve**. The **Dow Jones Industrial Average** rose 0.2%, the **S&P 500** added 0.2%, and the **Nasdaq Composite** gained 0.3%.

Asian markets were mostly higher on Tuesday. Japan’s **Nikkei 225** surged 3.0%, while China’s **Shanghai Composite** slipped 0.5%. Hong Kong’s **Hang Seng Index** edged up 0.5%, and Australia’s **S&P/ASX 200** closed 0.6% higher.

**Gold** was quoted at $4,578.60 an ounce early on Tuesday, down from $4,621.38 on Monday, easing back after briefly touching a record high above the $4,600 level.

On the UK corporate calendar, trading updates are due from **Grafton Group**, **Gym Group**, **Hunting**, **PageGroup**, **Persimmon** and **SIG**, while **Games Workshop Group** is scheduled to publish interim results.

---

**Original URL:** https://www.share-talk.com/london-set-for-subdued-open-as-asian-markets-hit-new-highs/
*Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*