FTSE Futures Morning Update on 16 January 2019

The FTSE 100 Futures is trading at 6,837.50 up with +0.37% percent or +25.00 point. The CAC 40 Futures is trading at 4,786.80 up with +0.53% percent or +25.30 point. The DAX Futures is trading at 10,913.20 up with +0.19% percent or +21.00 point. The EURO Stoxx 50 Futures trading at 3,065.50 with +0.13% percent or +4.00 point.

TODAY’S FACTORS AND EVENTS

As the pound got cold feet ahead of Parliament’s ‘meaningful vote’ on Theresa May’s Brexit deal, stocks in London gained a small boost late on Tuesday, alongside an earlier boost from China’s latest economic stimulus plans.

Stocks had kicked the day off firmly in the green as investors welcomed China’s plans to cut taxes on a larger scale to help support its slowing economy, boost spending and provide financing for private and small businesses.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 6,895.02 up with +0.58% percent or +40.00 point. France’s CAC  40 closed at 4,786.17 up with +0.49% percent or +23.42 point. Germany’s DAX closed at 10,891.79  up with +0.33% percent or +35.88 point.

WORLD MARKETS

For the day the Dow is trading at 24,065.59 up with +0.65% percent or +155.75 point. The S&P 500 is trading at 2,610.30 up with +1.07% percent or +27.69 point. The Nasdaq Composite is trading at +7,023.83 up with +1.71% percent or +117.92 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,442.75 with a loss of -0.55% percent or -112.54 point. Hong Kong’s Hang Seng is trading at 26,860.31  up with +0.11% percent or +30.02 point. China’s Shanghai Composite is trading at 2,570.38 up  with +0.0015% percent or  +0.039 point. India’s BSE Sensex is trading at 36,381.96  up with +0.18% percent or +63.63 point at 12:15 PM.