Nvidia Earnings and US Inflation Data Lift London Stocks

London stocks are expected to rise at the open on Wednesday as investors await key US inflation data and Nvidia's quarterly results. The FTSE 100 index is forecast to increase by around 13 points.

Nvidia, a leading US chipmaker, is set to release its earnings after the close of US markets. Analysts expect the company to deliver another 'monster' revenue report, with over $92.05 billion in revenue for the last quarter.

Investors are also looking at the US core PCE inflation data, which will be released at 1330 BST. This measure is the Federal Reserve's preferred indicator of inflation and will give insight into how far away the central bank is from achieving its mandate.