The FTSE 100 Futures is trading at 7,048.00 up with +0.04% percent or +3.00 point. The CAC 40 Futures is trading at 4,986.50 up with +0.14% percent or +7.00 point The DAX Futures is trading at 11,384.80 up with +0.20% percent or +22.80 point. The EURO Stoxx 50 Futures trading at 3,173.00 up with +0.20% percent or +22.80 point.
TODAY’S FACTORS AND EVENTS
Joshua Mahony, market analyst at IG, said: “With the EU27 passing the bill without much fuss, we find ourselves one step closer to Theresa May’s deal becoming reality. However, hurdles remain, and the overall indecisiveness seen in the pound provides a good representation of the uncertainty of what the future holds in store for the UK economy.”
Developments in Italy also helped to underpin the tone after Prime Minister Matteo Salvini signalled over the weekend that the country may lower its contentious borrowing target. This comes after the EU rejected Italy’s budget proposal for next year over the country’s plans to keep its deficit at 2.4%.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,640.24 up with +1.46% percent or +354.29 point. The S&P 500 is trading at 2,673.45 up with +1.55% percent or +40.89 point. The Nasdaq Composite is trading at 7,081.85 up with +2.06% percent or +142.87 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,952.40 up with +0.64% percent or+140.40 point. Hong Kong’s Hang Seng is trading at 26,309.32 up with +0.25% percent or +66.86 point. China’s Shanghai Composite is trading at 2,574.68 with a loss of -0.044% percent or -1.13 point. India’s BSE Sensex is trading at 35,464.65 up with +0.31% percent or +110.57 point at 12:15 PM.