FTSE Futures Morning Update on 25 January

UK PRE MARKET

The FTSE 100 Futures are trading at 7,582.20 with a loss of -0.17% percent or -12.80 point. The CAC 40 Futures are trading at 5,496.50  with a loss of -0.02%  percent or -1.00  point . The DAX Futures are trading at 13,391.20 with a loss of -0.23% percent or -31.30 point . The EURO Stoxx 50 Futures are trading at 3,635.00 with a loss of –0.11% percent or -4.00 point.

TODAY’S FACTORS AND EVENTS

 London blue chip stocks fell to their worse finish since Christmas on Wednesday as the pound surged to a post-Brexit high against the dollar after solid UK employment data.

The FTSE 100 lost 88 points or 1.14% to finish at 7,643.43, as the pound jumped 1.4% against the dollar to 1.4204, the biggest daily rise in more than nine months to regain levels not seen since before the Brexit vote. The pound was also much firmer versus the euro, up 0.7% to 1.1464.

The pound was already enjoying a strong performance amid hopes of a ‘soft’ Brexit but took another leg higher mid-morning, as data showed UK employment hit a record high in November. According to the Office for National Statistics, total employment increased by 102,000 in the quarter to November to 32.2m, taking the employment rate to 75.3%.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,643.43 with a loss of -1.14% percent or -88.40 point. France’s CAC 40 closed at 5,495.16  with a loss of -0.72% percent or -40.09 point. Germany’s DAX closed at 13,414.74  with a loss of -1.07% percent or -144.86 point.

WORLD MARKETS

For the day the Dow are trading at 26,252.12 for up with +0.16% percent or  +41.31 point. The S&P 500 are trading at 2,837.54  with a loss of -0.06% percent or  -1.59 point. The Nasdaq Composite are trading at 7,415.06  with a loss of  -0.61% percent or  -45.23 point.

In other parts of world, Japan’s Nikkei 225 are trading at 23,669.49  with a loss of -1.13% percent or -271.29 point. Hong Kong’s Hang Seng are trading at 32,736.76  with a loss of -0.67% percent or -221.93 point. China’s Shanghai Composite are trading at 3,548.31  with a loss of -0.31% percent or -11.16  point. India’s BSE Sensex are trading at 36,024.62 with a loss of  -0.38% percent or -132.67 point at 12:15 PM.