UK PRE MARKET

The FTSE 100 Futures is trading at 7,255.50 up with  +0.39% percent or  +28.50 point. The CAC 40 Futures is trading at 5,344.00 up with +0.48% percent or +25.50 point . The DAX Futures is trading at 12,090.50   with  a loss of -0.08% percent or -10.00 point . The EURO Stoxx 50 Futures is trading at 3,330.00 with  a loss of -0.03% percent or -1.00 point.

TODAY’S FACTORS AND EVENTS

London stocks were set for a downbeat open on Tuesday, tracking losses in the US after President Trump slapped more tariffs on China.

The FTSE 100 was called to open 40 points lower at 7,262.

Trump announced late on Monday that the US was imposing 10% tariffs on $200bn worth of Chinese imports, a levy that will be raised to 25% from January. If Beijing retaliates, the US will impose tariffs on an additional $267bnof Chinese goods.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at  7,284.02 with  a loss of 0-.25% percent or  -18.08 point. France’s CAC 40 closed at 5,348.87  with a loss of -0.069% percent or -3.70 point. Germany’s DAX closed at 12,096.41  with a loss of              – 0.23% percent or -27.92 point.

WORLD MARKETS

For the day the Dow is trading at 26,062.12  with a loss of -0.35% percent or -92.55 point. The S&P 500 is trading at 2,888.80   with  a loss of -0.56% percent or -16.18 point. The Nasdaq Composite is trading at 7,895.79  with a loss of -1.43%percent or 1-14.25 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,420.54  up with +1.41% percent or +325.87 point. Hong Kong’s Hang Seng is trading at 27,073.57  up with +0.52% percent or  +140.72  point. China’s Shanghai Composite is trading at 2,699.95  up with +1.82% percent or  +48.16 point. India’s BSE Sensex is trading at 37,543.18 with a loss of -0.11%  percent or – 42.33  point at 12:15 PM.