FTSE Futures Morning Update on 07 February

UK PRE MARKET

The FTSE 100 Futures are trading at 7,141.20  with a  loss of -0.98% percent or -71.00  point. The CAC 40 Futures are trading at 5,200.20 with a loss of  -1.44%  percent or -75.80  point . The DAX Futures are trading at 12,487.50   with a loss of  -0.83% percent or -105.00 point . The EURO Stoxx 50 Futures are trading at 3,424.00  with -1.24% percent or -43.00 point.

TODAY’S FACTORS AND EVENTS

London stocks finished firmly in the red on Today, taking their cue from a bloodbath on Wall Street and in Asia as investors fret that rising inflation will force the Fed to hike rates more than initially expected this year.

At the close of trading, the FTSE 100 was down 2.64% or 193.58 points to 7,141.40, which was slightly above the 7,117.88 plumbed at the weakest point of the day, while the pound was flat against the dollar at 1.3967 and 0.14% weaker versus the euro at 1.1271.

Stateside, Wall Street’s main equity market gauge were trading on either side of the unchanged mark but only after having begun the session with another dose of heavy selling and amid wild moves in some of the most widely-followed gauges of volatility.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,141.40 with a loss of -2.64% percent or -193.58 point. France’s CAC 40 closed at 5,161.81  with a loss of  -2.35% percent or -124.01 point. Germany’s DAX closed at 12,392.66  with a loss of -2.32% percent or -294.83 point.

WORLD MARKETS

For the day the Dow are trading at 24,912.77  for up with +2.33% percent or  +567.02 point. The S&P 500 are trading at 2,695.14 for   up with +1.74% percent or  +46.20 point. The Nasdaq Composite are trading at 7,115.88  for up with +2.13% percent or +148.36 point.

In other parts of world, Japan’s Nikkei 225 are trading at 21,645.37  for up with +0.16% percent or +35.13 point. Hong Kong’s Hang Seng are trading at 30,403.43   with a loss of -0.63% percent or -191.99 point. China’s Shanghai Composite are trading at 3,309.26 with a loss  -1.82% percent or -61.39 point. India’s BSE Sensex are trading at 34,230.90 for up with +0.10% percent or  +34.96  point at 12:15 PM.

You may also like...

Rules of Discussion on FTSE Futures Morning Update on 07 February

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean