UK PRE MARKET

The FTSE 100 Futures are trading at 7,516.80 for up  with  +0.15% percent . The CAC 40 Futures are trading at 5,326.50 for up with +0.43% percent . The DAX Futures are trading at 12,686.20 for up with  +0.44% percent. The EURO Stoxx 50 Futures are trading at 3,586.00 for up with  +0.50% percent .

TODAY’s FACTORS AND EVENTS

European indices finished the session on a mixed note despite, or perhaps on account of, dovish remarks from two top European Central Bank officials.

Acting as a backdrop, news that ratings agency Moody’s had downgraded its rating on China’s sovereign debt – the first such move since 1989 – sent shares in Basic Resource companies lower at the start of trading, but by the closing bell they had recovered.

However, the ratings agency lifted the outlook on its ratings from negative to stable.

The benchmark Stoxx 600 edged higher by 0.09% to 392.37, but the Dax ended the day lower by 0.13% to 12,642.87 even as the Cac-40 slipped 0.13% to 5,341.34.

 

 

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,514.90 for up with –0.40% percent. France’s CAC 40 closed at 5,341.34 with a loss of  +0.13% percent. Germany’s DAX closed at 12,642.87  with a loss of –0.13% percent.

WORLD MARKETS

For the day the Dow are trading at 21,012.42 for up with +0.36% percent. The S&P 500 are trading at 2,404.39 for up with +0.25% percent. The Nasdaq Composite are trading at 6,163.02 for up with +0.40% percent.

In other parts of world, Japan’s Nikkei 225 are trading at 19,813.13 for up with +0.36% percent. Hong Kong’s Hang Seng are trading at 25,631.12 for up with  +0.80% percent. China’s Shanghai Composite are trading at 3,107.83 for up with +1.43% percent. India’s S&P BSE Sensex are trading at 30,469.83 for up with +0.56% percent as on 12:37 PM .