UK PRE MARKET

The FTSE 100 Futures are trading at 7,358.80 with a loss of -0.05% percent or -3.70 point. The CAC 40 Futures are trading at 5,244.00  with a loss of -0.03% percent or -1.50 point . The DAX Futures are trading at 12,641.33 for up with +0.12% percent or +14.75 point . The EURO Stoxx 50 Futures are trading at 3,525.0 with 0.00% percent or   0.0 point.

TODAY’S FACTORS AND EVENTS

London stocks took a breather after the previous day’s gains with remarks from the Monetary Policy Committee’s most vocal hawk weighing on sentiment a tad.

In the previous session, Federal Reserve chief Janet Yellen said the US central bank won’t be rushing to tighten monetary policy, sending both stocks and Sterling higher.

At the closing bell, the FTSE 100 was lower by 0.05% to 7,413.44. The second tier index added 0.78% to leave it at 19,418.34.

David Madden, market analyst at CMC, said: “McCafferty called for an early unwinding of the quantitative easing programme. Mr McCafferty has a track record of being a hawk, and he hinted he would be voting in favour of increasing interest rates at the August meeting.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,413.44 with a loss of –0.05% percent or –3.49 point. France’s CAC 40 closed at 5,235.40 for up with +0.25% percent or +13.27 point. Germany’s DAX closed at 12,641.33 for up with +0.12%% percent or +14.75 point.

WORLD MARKETS

For the day the Dow are trading at 21,553.09 for up with  +0.10% percent or +20.95 point. The S&P 500 are trading at 2,447.83 for up with +0.19% percent or +4.58 point. The Nasdaq Composite are trading at 6,274.44 for up with of +0.21% percent or +13.27 point.

In other parts of world, Japan’s Nikkei 225 are trading at 20,118.86 for up with +0.09% percent or +19.05 point. Hong Kong’s Hang Seng are trading at 26,347.73 for up with +0.01% percent or +1.56 point. China’s Shanghai Composite are trading at 3,221.81 for up with +0.10% percent or +3.31 point. India’s S&P BSE Sensex are trading at 31,994.98 with  a loss of  –0.13% percent or –42.40 point at 12:15 PM .