FTSE Futures Morning Update on 02 February

UK PRE MARKET

The FTSE 100 Futures are trading at 7,429.50  with a loss of -0.04% percent or -3.30  point. The CAC 40 Futures are trading at 5,441.50   with a loss of -0.32%  percent or -17.50  point . The DAX Futures are trading at 12,939.50  with a loss of -0.22% percent or -29.00 point . The EURO Stoxx 50 Futures are trading at 3,563.00 with a loss of  -0.25%  percent or -9.00 point.

TODAY’S FACTORS AND EVENTS

The FTSE 100 gave up its early gains on Friday to sink to its lowest close in six weeks, as the shift out of bonds knocked confidence in stocks and softer UK manufacturing data was not enough to depress the pound.

The FTSE 100 lost just over 43 points or 0.57% to close at 7,490.39 as the pound regained ground to climb more than 0.3% against the dollar to 1.4246 but fell 0.2% versus the euro to 1.1412.

The manufacturing purchasing managers’ index from IHS Markit and CIPS fell to 55.3 in January from 56.2 in December, below the consensus forecast of 56.5 as weaker domestic demand undermined strong support from the global economy.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,490.39 with a loss of -0.57% percent or -43.16 point. France’s CAC 40 closed at 5,454.55   with a loss of  -0.50% percent or -27.37 point. Germany’s DAX closed at 13,003.90  with a loss of -1.41% percent or -185.58 point.

WORLD MARKETS

For the day the Dow are trading at 26,186.71  for up with +0.14% percent or  +37.32 point. The S&P 500 are trading at 2,821.98  with a loss of  -0.06% percent or  -1.83 point. The Nasdaq Composite are trading at 7,385.86   with a loss of -0.35% percent or -25.62  point.

In other parts of world, Japan’s Nikkei 225 are trading at 23,274.53   with a loss of -0.90% percent or -211.58 point. Hong Kong’s Hang Seng are trading at 32,627.52   with a loss of -0.04% percent or -14.57 point. China’s Shanghai Composite are trading at 3,462.08 for up with +0.44% percent or +15.10 point. India’s BSE Sensex are trading at 35,385.04 with a loss of  -1.45% percent or  -521.62  point at 12:15 PM.