UK PRE MARKET
The FTSE 100 Futures are trading at 7,179.50 for up with +0.56% percent or +40.00 point. The CAC 40 Futures are trading at 5,367.50 for up with +0.30% percent or +16.00 point . The DAX Futures are trading at 12,602.00 with a loss of -0.04% percent or -0.50 point . The EURO Stoxx 50 Futures are trading at 3,409.00 for up with +0.06% percent or +2.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set for a positive open on Wednesday following upbeat sessions in the US and Asia as investors eye the release of key inflation data.
The FTSE 100 was called to open 16 points higher at 7,242.
London Capital Group analyst Jasper Lawler said: “The calmer sentiment in the market as investor concerns fade over military action in Syria and a potential US – Sino trade war, is being played out in the CBOE Volatility Index (VIX) also known as the fear gauge. The VIX which dropped over 8.5% in the previous session is trading below 15 for the first time since mid-March. This points to a calmer picture on the markets after a particularly rough past few months.
For the day the Dow are trading at 24,786.63 for up with +0.87% percent or +213.59 point. The S&P 500 are trading at 2,706.39 for up with +1.07% percent or+28.55 point. The Nasdaq Composite are trading at 7,281.10 for up with +1.74% percent or +124.81 point.
In other parts of world, Japan’s Nikkei 225 are trading at 22,158.20 for up with +1.42% percent or +310.61 point. Hong Kong’s Hang Seng are trading at 30,267.90 for up with +0.68% percent or +205.15 point. China’s Shanghai Composite are trading at 3,091.40 for up with +0.80% percent or +24.60 point. India’s BSE Sensex are trading at 34,519.94 for up with +0.36% percent or +124.88 point at 12:15 PM.