UK PRE MARKET
The FTSE 100 Futures are trading at 7,069.50 with 0.00% percent or -3.30 point. The CAC 40 Futures are trading at 5,118.50 with a loss of -0.18% percent or -9.00 point . The DAX Futures are trading at 12,282.50 for up with +0.98% percent or +119.00 point . The EURO Stoxx 50 Futures are trading at 3,372.00 for up with +0.09% percent or +3.00 point.
TODAY’S FACTORS AND EVENTS
London stocks continued to come under pressure on Tuesday as investors fretted that the Federal Reserve might hike rates more than expected after last week’s strong wage growth figures and following the release of disappointing UK services data.
By the close of trading, the FTSE 100 was down 1.46% to 7,334.98, while the pound was off 0.66% against the dollar at 1.4029 and by 0.4% versus the euro to 1.1291, respectively. Stocks in the US tumbled on Friday, with the Dow dropping 666 points as yields jumped after data showed the strongest US wage growth in eight and a half years.
Against that backdrop, data out on Monday morning showed growth from the UK’s key services sector slowed at the start of the year.
For the day the Dow are trading at 24,345.75 for up with +4.60% percent or +1,175.21 point. The S&P 500 are trading at 2,648.94 with a loss of -4.10% percent or -113.19 point. The Nasdaq Composite are trading at 6,967.53 with a loss of -3.78% percent or -273.42 point.
In other parts of world, Japan’s Nikkei 225 are trading at 21,610.24 with a loss of -4.73% percent or -1,071.84 point. Hong Kong’s Hang Seng are trading at 30,835.82 with a loss of -4.37% percent or -1,409.40 point. China’s Shanghai Composite are trading at 3,370.65 with a loss -3.35% percent or -116.84 point. India’s BSE Sensex are trading at 33,899.00 with a loss of -2.47% percent or -858.16 point at 12:15 PM.