- UK PRE MARKET
The FTSE 100 Futures are trading at 6,989.50 with a loss of -1.24% percent or -87.50 point. The CAC 40 Futures are trading at 5,208.00 with a loss of -1.02% percent or -53.50 point . The DAX Futures are trading at 12,214.50 with a loss of -1.62% percent or -201.00 point . The EURO Stoxx 50 Futures are trading at 3,303.00 with a loss of –1.40% percent or -47.00 point.
TODAY’S FACTORS AND EVENTS
London stocks fell sharply at the start of the week as the pound rallied on the back of a draft Brexit deal, with traders also looking ahead to a week that included monetary policy meetings at the US Federal Reserve and the Bank of England.
Adding to the negative sentiment was heavy selling pressure in iron ore futures against a backdrop of simmering tensions on the international trade and US political fronts.
Against that backdrop, the top tier index finished down 1.69% to 7,042.93, as the pound climbed 0.71% versus the dollar to 1.4045 and 0.28% against the euro to 1.1379 after Britain and the European Union agreed a 21-month Brexit transition deal, though the Irish border was among several issues not yet resolved.
For the day the Dow are trading at 24,610.91 with a loss of -1.35% percent or -335.60 point. The S&P 500 are trading at 2,712.92 with a loss of -1.42% percent or -39.09 point. The Nasdaq Composite are trading at 7,344.24 with a loss of -1.84% percent or -137.74 point.
In other parts of world, Japan’s Nikkei 225 are trading at 21,380.97 with a loss of -0.47% percent or -99.93 point. Hong Kong’s Hang Seng are trading at 31,561.8 for up with +0.15% percent or +48.11 point. China’s Shanghai Composite are trading at 3,290.64 for up with +0.35% percent or +11.39 point. India’s BSE Sensex are trading at 33,045.38 for up with +0.37% percent or +122.26 point at 12:15 PM.