FTSE Futures Morning Update on 22 June

UK PRE MARKET

The FTSE 100 Futures is trading at  7,508.50 up with +0.23% percent or  +17.50 point. The CAC 40 Futures is trading at 5,333.69 up  with +0.33% percent or  +17.68 point . The DAX Futures is trading at 12,505.00 up with +0.10% percent or  +13.00 point . The EURO Stoxx 50 Futures is trading at 3,404.00 up with +0.32% percent or +11.00 point.

TODAY’S FACTORS AND EVENTS

London stocks were set to edge up at the open on Friday as investors continued to digest a more hawkish than expected policy announcement from the Bank of England and looked ahead to the OPEC meeting in Vienna.

The FTSE 100 was called to open 13 points higher at 7,568.

CMC Markets analyst Michael Hewson said: “Yesterday’s surprise conversion to the hawk camp by Chief economist Andrew Haldane, he of the August 2016 QE ‘sledgehammer’, appears to have had a change of heart when it comes to being concerned about the possible risks of inflation, as he joined external MPC members Michael Saunders and Ian McCafferty in pushing for an increase in the level of bank rate.

PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,581.35 up with +0.33% percent or  +24.91 point. France’s CAC 40 closed at 5,333.50  up with +0.33% percent or +17.49 point. Germany’s DAX closed at 12,531.23 up with +0.15% percent or +19.32 point.

WORLD MARKETS

For the day the Dow is trading at 24,461.70 with  a loss of -0.80% percent or -196.10 point. The S&P 500 is trading at 2,749.76 with a loss of  -0.63% percent or  -17.56 point. The Nasdaq Composite is trading at 7,712.95  with a loss of -0.88% percent or -68.56 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,516.83  with a loss of  -0.78% percent or -176.21 point. Hong Kong’s Hang Seng is trading at 29,357.77 up with +0.21% percent or +61.72 point. China’s Shanghai Composite is trading at 2,889.76 up with +0.49% percent or  +13.95  point. India’s BSE Sensex is trading at 35,507.72 up with +0.21% percent or  +75.33 point at 12:15 PM.