FTSE Futures Morning Update on 10 July

UK PRE MARKET

The FTSE 100 Futures is trading at 7,621.50   with a loss of  -0.14% percent or  -11.00 point. The CAC 40 Futures is trading at 5,408.19 up with +0.19% percent or +10.08 point . The DAX Futures is trading at 12,530.50 with  a loss of -0.09% percent or -11.50 point . The EURO Stoxx 50 Futures is trading at 3,453.00 with a loss of -0.12% percent or -4.00 point.

TODAY’S FACTORS AND EVENTS

London stocks nudged higher on Tuesday as the pound steadied following sharp losses in the previous session in the wake of political turmoil.

At 0830 BST, the FTSE 100 was up 0.1% at 7,697.35 as Prime Minister Theresa May prepares to face her reshuffled cabinet following the resignation of Boris Johnson and David Davis over her Brexit strategy.

Johnson and Davis have been replaced as Foreign Secretary and Brexit Secretary by Jeremy Hunt and Dominic Raab. Meanwhile, Matt Hancock is the new Health Secretary and Jeremy Wright is the new Culture Secretary, while Geoffrey Cox is Attorney General.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,678.88 with  a loss of -0.12% percent or -9.11 point. France’s CAC 40 closed at 5,407.91  up with +0.18% percent or +9.80 point. Germany’s DAX closed at 12,547.13 up with +0.026% percent or +3.24 point.

WORLD MARKETS

For the day the Dow is trading at 24,776.59 up with +1.31% percent or +320.11 point. The S&P 500 is trading at 2,784.17 up with +0.88% percent or +24.35 point. The Nasdaq Composite is trading at 7,756.20 up with +0.88% percent or  +67.81 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,196.89 up with +0.66% percent or +144.71 point. Hong Kong’s Hang Seng is trading at 28,682.25  with a loss of -0.022% percent or  -6.25 point. China’s Shanghai Composite is trading at 2,827.63 up with +0.44% percent or +12.52 point. India’s BSE Sensex is trading at 36,188.89 up with +0.71% percent or  +254.17 point at 12:15 PM.