UK PRE MARKET

The FTSE 100 Futures is trading at 7,420.00 with a loss of -0.50% percent or-37.00 point. The CAC 40 Futures is trading at 5,461.50 with  a loss of -0.49% percent or -27.00 point . The DAX Futures is trading at 12,219.50  with  a loss of -0.88% percent or -108.50 point . The EURO Stoxx 50 Futures is trading at 3,369.00  with a loss of -0.94% percent or -32.00 point.

TODAY’S FACTORS AND EVENTS

 London’s blue chip stocks were hovering just above flat on the first day of October as positive manufacturing data and encouraging news on North American trade was offset by a Ryanair profit warning and housing sector angst.

The FTSE 100 was up eight points or 0.1% at 7,518.27 at just after midday on Monday. The pound was continuing to look wan and little moved against the dollar at 1.3040, likewise at 1.1234 versus the euro.

London stocks were under-performing their European and major Asian peers, as global equities rallied on an improved picture for global trade after Canada and the US were reported to have reached an agreement on how to revamp Nafta.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at  7,465.95 with a loss of  -0.40% percent or  -29.72 point. France’s CAC 40 closed at 5,506.82 up  with +0.24% percent or +13.33 point. Germany’s DAX closed at 12,339.03 up with  +0.75% percent or +92.30 point.

WORLD MARKETS

For the day the Dow is trading at 26,651.21  up with +0.73% percent or +192.90 point. The S&P 500 is trading at 2,924.59 up with +0.36% percent or +10.61  point. The Nasdaq Composite is trading at 8,037.30  with a loss of -0.11% percent or -9.05 point.

In other parts of world, Japan’s Nikkei 225 is trading at 24,270.62 up with +0.10% percent or +24.86 point. Hong Kong’s Hang Seng is trading at 27,113.60  with  a loss of -2.43% percent or -674.92 point. China’s Shanghai Composite is trading at 2,821.35  up with +1.06% percent or  +29.58 point. India’s BSE Sensex is trading at 36,526.14 up with  +0.83% percent or +299.00 point at 12:15 PM.