FTSE Futures Morning Update on 08 February

UK PRE MARKET

The FTSE 100 Futures are trading at 7,189.50 for up  with +0.07% percent or +4.70  point. The CAC 40 Futures are trading at 5,232.00 for up with +0.07%  percent or +3.50  point . The DAX Futures are trading at 12,500.50  with a loss of  -0.66% percent or -82.50 point . The EURO Stoxx 50 Futures are trading at 3,430.00  with  a loss  of -0.64% percent or -22.00 point.

TODAY’S FACTORS AND EVENTS

London stocks were set for a negative open on Thursday amid ongoing market volatility, as investors eyed the latest minutes, rate announcement and quarterly Inflation Report from the Bank of England at midday.

The FTSE 100 was called to open 54 points lower at 7,225.

CMC Markets analyst Michael Hewson said: “As a result of last night’s late US sell-off markets in Europe are still set to open lower this morning as investors continue to digest the impact of recent price moves. While yesterday’s moves were slightly more orderly, it appears to be far from clear that the recent increase in volatility has subsided.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,251.13 with a loss of -0.40% percent or -29.12 point. France’s CAC 40 closed at 5,240.81  with a loss of  -0.29% percent or -15.08 point. Germany’s DAX closed at 12,512.38  with a loss of -0.62% percent or -78.05 point.

WORLD MARKETS

For the day the Dow are trading at 24,893.35  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   with a loss of -0.08% percent or  -19.42 point. Hong Kong’s Hang Seng are trading at 30,451.27  for up  with +0.42% percent or +128.07 point. China’s Shanghai Composite are trading at 3,262.05 with a loss  -1.43% percent or -47.21 point. India’s BSE Sensex are trading at 34,435.30 for up with +1.03% percent or  +352.59  point at 12:15 PM.