UK PRE MARKET
The FTSE 100 Futures are trading at 7,479.20 for up with +0.11% percent or +8.20 point. The CAC 40 Futures are trading at 5,385.50 for up with +0.05% percent or +2.50 point . The DAX Futures are trading at 13,244.50 for up with +0.11% percent or +15.00 point . The EURO Stoxx 50 Futures are trading at 3,574.00 fir up with +0.06% percent or +2.00 point.
TODAY’S FACTORS AND EVENTS
London stocks managed to just about hold their head above water on Wednesday, with optimism over the US tax reform bill failing to provide much of a boost as investors began to wind down for Christmas.
The top flight index was up 0.09% to 7,544.09 after hitting its highest level in over a month earlier in the session, while the pound was off by 0.17% against the US dollar at 1.3361 and 0.55% weaker versus the euro to 1.1297 as Michel Barnier, the EU’s chief Brexit negotiator, ruled out any kind of special deal for the City of London.
Worth noting, at one point during the day the Footsie came within a half percentage points of its record highs at 7,598.99.
Spreadex analyst Connor Campbell said: “The markets have slipped into a bit of a lull this Tuesday, with the tax bill- boost dissipating as the morning went on.”
For the day the Dow are trading at 24,754.75 with a loss of -0.15% percent or –37.45 point. The S&P 500 are trading at 2,681.47 with a loss of –0.32% percent or –8.69 point. The Nasdaq Composite are trading at 6,963.85 with a loss of –0.44% percent or –30.91 point.
In other parts of world, Japan’s Nikkei 225 are trading at 22,891.72 for up with +0.10% percent or +23.72 point. Hong Kong’s Hang Seng are trading at 29,204.61 with a loss of –0.17% percent or –49.05 point. China’s Shanghai Composite are trading at 3,287.61 with a loss of –0.27% percent or –8.93 point. India’s BSE Sensex are trading at 33,884.89 for up with +0.14% percent or +48.15 point at 12:15 PM.