UK PRE MARKET
The FTSE 100 Futures are trading at 7,238.00 for up with +0.05% percent or +3.80 point. The CAC 40 Futures are trading at 5,232.50 for up with +0.12% percent or +6.50 point . The DAX Futures are trading at 12,556.00 for up with +0.04% percent or +5.00 point . The EURO Stoxx 50 Futures are trading at 3,516.00 with 0.00% percent or 0.00 point.
TODAY’S FACTORS AND EVENTS
The Fed is widely expected to stand pat on interest rates, but the central bank may well start winding down its balance sheet.
CMC Markets analyst Michael Hewson said: “There’s been a great deal of anticipation about this week’s Federal Reserve rate meeting particularly since the FOMC looks set to pull the trigger on the beginning of the paring down of its $4.5trn balance sheet. This doesn’t appear to be in any doubt, nor does the fact that the bank is expected to keep rates unchanged, given that inflation still remains on the weak side, and the damage impact of hurricanes Harvey and Irma continues to be assessed.
For the day the FTSE 100 closed at 7,275.90 for up with +0.01% percent or +0.65 point. France’s CAC 40 closed at 5,241.44 for up with +0.09% percent or +4.78 point. Germany’s DAX closed at 12,566.02 for up with +0.02% percent or +3.02 point.
For the day the Dow are trading at 22,370.80 for up with +0.18% percent or +39.45 point. The S&P 500 are trading at 2,506.65 for up with +0.11% percent or +2.78 point. The Nasdaq Composite are trading at 6,461.32 for up with +0.10% percent or +6.68 point.
In other parts of world, Japan’s Nikkei 225 are trading at 20,310.46 for up with +0.05% percent or +11.08 point. Hong Kong’s Hang Seng are trading at 28,105.02 for up with +0.19% percent or +53.61 point. China’s Shanghai Composite are trading at 3,366.00 for up with +0.27% percent or +9.15 point. India’s BSE Sensex are trading at 32,433.21 with +0.10% percent or +30.84 point at 12:15 PM .