UK PRE MARKET

The FTSE 100 Futures are trading at 7,488.20 with a loss of -0.10% percent . The CAC 40 Futures are trading at 5,299.50 for up with +0.34% percent . The DAX Futures are trading at 12,636.80 for up with  +0.14% percent. The EURO Stoxx 50 Futures are trading at 3,574.0 for up with  +3,574.0 percent .

TODAY’s FACTORS AND EVENTS

Renewed gains for the single currency dampened sentiment in European stockmarkets ahead of a meeting of euro area finance chiefs scheduled for the evening to discuss the disbursement of further aid and possible debt relief for Athens.

The euro was at 1.1232 against the US dollar after reaching an intraday high of 1.1261 after German Chancellor Angela Merkel described the currency as “too cheap”.

At the closing bell, the benchmark Stoxx 600 was 0.09% lower to 391.14, with the Dax giving back 0.15% to 12,619.46 and the Cac-40 off by 0.03% to 5,322.88.

Milan’s FTSE Mibtel ended 1.15% lower to 21,324.11.

The week before European equities endured their biggest decline since November.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,506.77 for up with  +0.14% percent. France’s CAC 40 closed at 5,340.98 for up with +0.34% percent. Germany’s DAX closed at 12,630.66 for up with  +0.09% percent.

WORLD MARKETS

For the day the Dow are trading at 20,894.83 for up with +0.43% percent. The S&P 500 are trading at 2,394.02 for up with +0.52% percent. The Nasdaq Composite are trading at 6,133.62 for up with +0.82% percent.

In other parts of world, Japan’s Nikkei 225 are trading at 19,613.28 with a loss of  –0.33% percent. Hong Kong’s Hang Seng are trading at 25,408.22 for up with +0.07% percent. China’s Shanghai Composite are trading at 3,061.95 with a loss of –0.45% percent. India’s S&P BSE Sensex are trading at 30,489.90 with a loss of  –0.27% percent as on 01:15 PM .