FTSE Futures Morning Update on 26 March

UK PRE MARKET

The FTSE 100 Futures are trading at 6,849.00 with a loss of -0.19% percent or -13.00 point. The CAC 40 Futures are trading at 5,085.00  with a loss of -1.29% percent or -66.50 point . The DAX Futures are trading at 11,909.50 for up with a +0.01% percent or +1.50 point . The EURO Stoxx 50 Futures are trading at 3,209.00   with a loss of —-0.16% percent or -5.00 point.

TODAY’S FACTORS AND EVENTS

The FTSE 100 closed down 0.4% at 6,921.94 , having tumbled to its lowest finish in over 15 months the day before at 6,952.59. Meanwhile, the pound was down 0.1% against the euro at 1.1448 and up 0.4% versus the greenback at 1.4151.

On yesterday night, Trump signed off on 25% tariffs on $50bn worth of Chinese imports in a bid to punish the People’s Republic for intellectual property infringements.

China was quick to retaliate, saying it was planning to impose tariffs on $3bnworth of US products. The list included pork, wine, fruit, nuts and stainless steel pipes, among other things. In a statement earlier on Friday, the Chinese commerce ministry said: “China doesn’t hope to be in a trade war, but is not afraid of engaging in one.”

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 6,921.94  with a loss of -0.44% percent or  -30.65 point. France’s CAC 40 closed at 5,095.22 with a loss of -1.39% percent or  -71.98 point. Germany’s DAX closed at 11,886.31  with a loss of -1.77% percent or  -213.77 point.

WORLD MARKETS

For the day the Dow are trading at 23,533.20  with a loss of -1.77% percent or -424.69  point. The S&P 500 are trading at 2,588.26 with a loss of -2.10% percent or  -55.43 point. The Nasdaq Composite are trading at 6,992.67  with a loss of -2.43% percent or -174.01 point.

In other parts of world, Japan’s Nikkei 225 are trading at 20,766.10  for up with +0.72% percent or  +148.24 point. Hong Kong’s Hang Seng are trading at 30,402.66  for up with +0.31% percent or + 93.37 point. China’s Shanghai Composite are trading at 3,133.72  with a loss of  -0.60% percent or  -19.04 point. India’s BSE Sensex are trading at 32,692.89 for up with +0.30% percent or +96.35 point at 12:15 PM.

You may also like...

Rules of Discussion on FTSE Futures Morning Update on 26 March

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