FTSE Futures Morning Update on 23 March

UK PRE MARKET

The FTSE 100 Futures are trading at 6,799.00 with a loss of -0.92% percent or -63.00 point. The CAC 40 Futures are trading at 5,167.21  with a loss of -1.38% percent or -72.53 point . The DAX Futures are trading at 12,087.00 with a loss of -1.82% percent or -223.50 point . The EURO Stoxx 50 Futures are trading at 3,253.00   with a loss of —1.75% percent or -58.00 point.

TODAY’S FACTORS AND EVENTS

London stocks fell their lowest close since late 2016 as the pound held its gains after the Bank of England left the door open for a May rate rise, while miners and retailers leading the falls.

The FTSE 100 finished Friday’s session down 86.38 points or 1.23% at 6,952.59, the first close below 7,000 in 15 months, but coming off a new intra-day low of 6,914.45 in the last half hour.

The pound had earlier spiked higher after the BoE voted to keep interest rates on hold at 0.5%, as widely expected. But sterling later fell flat against the euro at 1.1462 and was down 0.3% on the dollar at 1.4094, having topped 1.42 earlier.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 6,952.59  with a loss of -1.23% percent or  -86.38 point. France’s CAC 40 closed at 5,167.21 with a loss of -1.38% percent or  -72.53 point. Germany’s DAX closed at 12,100.08  with a loss of -1.70% percent or  -209.07 point.

WORLD MARKETS

For the day the Dow are trading at 23,957.89  with a loss of -2.93% percent or -724.42  point. The S&P 500 are trading at 2,643.69 with a loss of -2.52% percent or  -68.24 point. The Nasdaq Composite are trading at 7,166.68   with a loss of -2.43% percent or -178.61 point.

In other parts of world, Japan’s Nikkei 225 are trading at 20,617.86   with a loss of -4.51% percent or – 974.13 point. Hong Kong’s Hang Seng are trading at 30,122.27  with a loss of -3.05% percent or  -948.78 point. China’s Shanghai Composite are trading at 3,152.76  with a loss of  -3.39% percent or  -110.72 point. India’s BSE Sensex are trading at 32,575.70  with a loss of -1.30% percent or -430.57 point at 12:15 PM.