FTSE Futures Morning Update on 11 October

UK PRE MARKET

The FTSE 100 Futures are trading at 7,496.20  with a loss of -0.16% percent or -12.30 point. The CAC 40 Futures are trading at 5,358.00 with a loss of -0.31%  percent or -16.50 point . The DAX Futures are trading at 12,954.50 for up with  +0.11%  percent or ++14.50 point . The EURO Stoxx 50 Futures are trading at 3,591.0 for up with +0.11% percent or +5.0 point.

TODAY’S FACTORS AND EVENTS

London stocks were set for a positive open on Wednesday, in line with Europe after Catalan leader Carles Puigdemont softened his stance on independence, looking to negotiate with Madrid.
The FTSE 100 was called to open 12 points higher at 7,550.

Oanda analyst Craig Erlam said: “While Puigdemont remained clear that they had been given a mandate for independence by the Catalan people, his call for talks in order to find a peaceful resolution was the much preferred option at this stage. A declaration of independence on Tuesday could have led to a chain of events that made the situation much worse and seen Puigdemont arrested, likely leading to more unrest.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,534.73   with a loss of –0.05% percent or  –3.54  point. France’s CAC 40 closed at 5,358.99   with a loss of –0.09% percent or  –4.65 point. Germany’s DAX closed at 12,971.09 for up with +0.17% percent or  +21.84  point.

WORLD MARKETS

For the day the Dow are trading at 22,830.68   for up with +0.31% percent or +69.61 point. The S&P 500 are trading at 2,550.64  for up with +0.23% percent or  +5.91 point. The Nasdaq Composite are trading at 6,587.25   for up with +0.11% percent or  +7.52  point.

In other parts of world, Japan’s Nikkei 225 are trading at 20,881.27  for up with +0.28% percent or +57.76 point. Hong Kong’s Hang Seng are trading at 28,440.42   with a loss of  –0.18% percent or  –50.41 point. China’s Shanghai Composite are trading at 3,388.28   for up with  +0.16%  percent or  +5.30  point. India’s BSE Sensex are trading at 32,042.00   for up with  +0.37%  percent or  +117.59 point at 12:15 PM .