UK PRE MARKET
The FTSE 100 Futures are trading at 7,455.2 for up with +0.32% percent or +23.7 point. The CAC 40 Futures are trading at 5,302.50 for up with +0.91% percent or +48.00 point . The DAX Futures are trading at 12,847.20 for up with +0.89% percent or +113.20 point . The EURO Stoxx 50 Futures are trading at 3,569.0 for up with +1.10% percent or +39.0 point.
TODAY’S FACTORS AND EVENTS
London stocks rose in early trade on Monday, taking their cue from an upbeat Asian session and with Brexit negotiations due to kick off in Brussels later.
At 0830 BST, the FTSE 100 was up 0.8% to 7,521.58, while the pound was flat against the euro at 1.1418 and versus the pound at 1.2779 as the European Union’s chief negotiator Michel Barnier and UK Brexit secretary David Davis were due to meet in the Belgian capital at 1000 BST.
Neil Wilson, senior market analyst at ETX Capital, pointed out that Prime Minister Theresa May’s Conservative party is pushing for a hard deal – an exit from the single market and customs union – but said that this carries a large degree of risk.
“As the larger partner, the EU holds the trump cards. The pound would gain some support above the $1.25 level but a lot would depend on the scale of any deal.”
PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,506.06 for up with +0.57% percent or+42.52 point. France’s CAC 40 closed at 5,311.05 for up with +0.91% percent or +47.74 point. Germany’s DAX closed at 12,855.17 for up with +0.80% percent or +102.44 point.
WORLD MARKETS
For the day the Dow are trading at 21,384.28 for up with +0.11% percent or +24.38 point. The S&P 500 are trading at 2,433.15 for up with +0.03% percent or +0.69 point. The Nasdaq Composite are trading at 6,151.76 with a loss of –0.22% percent or –13.74 point .
In other parts of world, Japan’s Nikkei 225 are trading at 20,067.75 for up with +0.62% percent or +124.49 point. Hong Kong’s Hang Seng are trading at 25,924.55 for up with +1.16% percent or +298.06 point. China’s Shanghai Composite are trading at 3,144.37 for up with +0.68% percent or +21.21 point. India’s S&P BSE Sensex are trading at 31,311.57 for up with +0.82% percent or +255.17 point as on 12:16 PM .