UK PRE MARKET
The FTSE 100 Futures is trading at 7,525.00 with a loss of -1.01% percent or -76.50 point. The CAC 40 Futures is trading at 5,301.30 up with +0.47% percent or +24.55 point . The DAX Futures is trading at 12,312.00 up with +0.64% percent or +78.50 point . The EURO Stoxx 50 Futures is trading at 3,379.00 up with +0.48% percent or +16.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set for a firmer open on Wednesday following a positive close in the US, although worries about escalating trade tensions were likely to continue to play on investors’ minds.
The FTSE 100 was called to open 15 points higher at 7,562.
London Capital Group analyst Jasper Lawler said: “Chinese markets were in for another rough session on Tuesday down a further 1%, despite support from Chinese state media. With the start of the US imposed tariffs now just days away and China expected to retaliate, alarm bells are starting to ring, sending the Shanghai bourse plunging to a two and a half year low on Monday, whilst the yuan also fell.
For the day the Dow is trading at 24,307.18 up with +0.15% percent or +35.77 point. The S&P 500 is trading at 2,726.71 up with +0.31% percent or +8.34 point. The Nasdaq Composite is trading at 7,567.69 up with +0.76% percent or +57.38 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,785.54 with a loss of -0.12% percent or -26.39 point. Hong Kong’s Hang Seng is trading at 28,462.30 with a loss of -1.70% percent or -492.81 point. China’s Shanghai Composite is trading at 2,786.89 up with +0.41% percent or +11.33 point. India’s BSE Sensex is trading at 35,388.01 up with +0.35% percent or +123.60 point at 12:15 PM.