UK PRE MARKET
The FTSE 100 Futures are trading at 7,188.00 with a loss of -0.01% percent or -0.50 point. The CAC 40 Futures are trading at 5,309.00 for up with +0.08% percent or +4.50 point . The DAX Futures are trading at 12,479.50 for up with +0.21% percent or +26.00 point . The EURO Stoxx 50 Futures are trading at 3,373.00 for up with +0.12% percent or +4.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set for a marginally firmer open on Monday, with traders likely to be on edge as they await Russia’s response to the US-led intervention in Syria.
The FTSE 10 was called to open just 10 points higher at 7,274.
CMC Markets analyst Michael Hewson said: “One of the main concerns last week was around the extent of the response by the US backed coalition on President Assad of Syria’s forces and any Russian reaction to it. The firing of over 100 cruise missiles over the weekend on various targets, with little in the way of casualties, appears to be tempered with relief that while it may reduce the risk of an escalation in the short term, it in no way means that we might not get a counter response further down the line. As such markets here in Europe look set to open cautiously higher this morning after shares traded slightly firmer in Asia.
For the day the Dow are trading at 24,360.14 with a loss of -0.50% percent or -122.91 point. The S&P 500 are trading at 2,656.30 with a loss of -0.29% percent or ?7.69 point. The Nasdaq Composite are trading at 7,106.65 with a loss of -0.47% percent or ?33.60 point.
In other parts of world, Japan’s Nikkei 225 are trading at 21,835.53 for up with +0.26% percent or +56.79 point. Hong Kong’s Hang Seng are trading at 30,230.59 with a loss of -1.88% percent or -577.79 point. China’s Shanghai Composite are trading at 3,110.65 with a loss of -1.53% percent or -48.40 point. India’s BSE Sensex are trading at 34,182.97 with a loss of -0.028% percent or ?9.68 point at 12:15 PM.