FTSE Futures Morning Update on 21 March

UK PRE MARKET

The FTSE 100 Futures are trading at 6,975.50  for up  with +0.31% percent or +21.50 point. The CAC 40 Futures are trading at 5,240.00 for up with +0.07% percent or +3.50 point . The DAX Futures are trading at 12,330.50 for up  with +0.06% percent or +7.00 point . The EURO Stoxx 50 Futures are trading at 3,325.00   with a loss of -0.03% percent or -1.00 point.

TODAY’S FACTORS AND EVENTS

London stocks managed to stage a small bounce on Wednesday, with sentiment boosted by the second bid for a British firm in as many days from across the Channel.

Also helping to put a bid into equities was a softer-than-expected UK inflation print for February that left analysts a tad more divided on the outlook for a hike in Bank Rate come May.

Against that backdrop, the FTSE 100 ended up by 0.26% to 7,061.27, while the pound was down 0.19% versus the dollar at 1.3998.

Meanwhile, Sterling was up 0.44% against the euro at 1.1419 as it still enjoyed some support from the agreement on terms for a Brexit transition period agreed the day before.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,061.27 for up with +0.26% percent or  +18.34 point. France’s CAC 40 closed at 5,252.43 for up with +0.57% percent or  +29.60 point. Germany’s DAX closed at 12,307.33 for up with +0.74% percent or  +90.31 point.

WORLD MARKETS

For the day the Dow are trading at 24,727.27 for up  with +0.47% percent or +116.36  point. The S&P 500 are trading at 2,716.94 for up  with +0.15% percent or  +4.02 point. The Nasdaq Composite are trading at 7,364.30 for up  with +0.27% percent or +20.06 point.

In other parts of world, Japan’s Nikkei 225 are trading at 21,380.97  with a loss of -99.93 percent or  -99.93 point. Hong Kong’s Hang Seng are trading at 31,531.28  with a loss of -0.06% percent or  -18.65 point. China’s Shanghai Composite are trading at 3,280.95   with a loss of  -0.29% percent or  -9.69 point. India’s BSE Sensex are trading at 33,198.87  for up with  +0.61% percent or +202.11 point at 12:15 PM.