FTSE Futures Morning Update on 09 May 2017

UK PRE MARKET

The FTSE 100 Futures are trading at 7,255.80 with a loss of -0.04% percent . The CAC 40 Futures are trading at 5,385.50 for up with +0.32% percent . The DAX Futures are trading at 12,726.50 for up with +0.11% percent. The EURO Stoxx 50 Futures are trading at 3,612.0 for up with +0.33% percent .

TODAY’s FACTORS AND EVENTS

European markets are expected to open mixed Tuesday as investors search for the next catalyst following the French election, while oil prices edged higher on renewed optimism over a potential extension to OPEC supply cuts.

Oil prices pared gains on Tuesday as a relentless rise in U.S. crude output activity appeared to cap the impact of renewed hopes that OPEC-led supply cuts could be extended.

Commerzbank reported a 28 percent increase in net earnings for the first three months of the year on Tuesday. Germany’s second-largest lender beat analyst expectations and said it would aim to keep its base costs stable throughout the year.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,300.86 for up with +0.05% percent. France’s CAC 40 closed at 5,382.95 with a loss of –0.91% percent. Germany’s DAX closed at 12,694.55 with a loss of –0.18% percent.

WORLD MARKETS

For the day the Dow are trading at 21,012.28 for up with +0.03% percent. The S&P 500 are trading at 2,399.38 for up with 0.09 point. The Nasdaq Composite are trading at 6,102.66 for up with + 0.03% percent.

In other parts of world, Japan’s Nikkei 225 are trading at 19,843.00 with a loss of  –0.26% percent. Hong Kong’s Hang Seng are trading at 24,727.61 for up with +0.61% percent. China’s Shanghai Composite are trading at 3,077.62 with a loss of  –0.03% percent. India’s S&P BSE Sensex are trading at 29,942.64 for up +0.07% percent as on 12:21 PM .

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