The FTSE 100 Futures is trading at 6,640.80 with a loss of -0.39% percent or -26.20 point. The CAC 40 Futures is trading at 4,647.20 with a loss of -0.84% percent or -39.30 point. The DAX Futures is trading at 10,480.50 with a loss of -0.74% percent or -78.00 point. The EURO Stoxx 50 Futures trading at 2,954.50 with a loss of -1.32% percent or -39.50 point.
TODAY’S FACTORS AND EVENTS
London stocks reversed earlier losses on Wednesday as crude oil futures extended their recent bounce on supportive news out of Saudi and the States.
Just after the start of the session, a disappointing reading on China’s manufacturing sector sparked broad-based selling, sending the FTSE 100 as low as 6,599.48, but by the close the top-flight index was 0.01% higher at 6,734.23.
In parallel, front month Brent crude oil futures were climbing 4.01% to $56.08, even as the US dollar registered sharp gains, despite the ‘buzz’ in markets around the potential for US central bank interest rate cuts come the beginning of 2020.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 23,346.24 up with +0.081% percent or +18.78 point. The S&P 500 is trading at 2,510.03 up with +0.13% percent or +3.18 point. The Nasdaq Composite is trading at 6,665.94 up with +0.46% percent or +30.66 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,014.77 with a loss of -0.31% percent or -62.85 point. Hong Kong’s Hang Seng is trading at 25,066.09 with a loss of -0.26% percent or -64.26 point. China’s Shanghai Composite is trading at 2,464.36 with a loss of -0.038% percent or -0.93 point. India’s BSE Sensex is trading at 35,686.24 with a loss of -0.58% percent or -207.41 point at 12:15 PM.