The FTSE 100 Futures is trading at 6,886.00 with a loss of -0.47% percent or -32.80 point. The CAC 40 Futures is trading at 4,869.00 up with +0.01% percent or +0.60 point. The DAX Futures is trading at 11,084.50 with a loss of -0.52% percent or -57.50 point. The EURO Stoxx 50 Futures trading at 3,102.50 with a loss of -0.51% percent or -16.00 point.
TODAY’S FACTORS AND EVENTS
Joshua Mahony, senior market analyst at IG, said: “Promises of a stimulus package for the Chinese economy have certainly helped ease the fears over a continued slowdown, yet the fact is that a trade breakthrough with the US is required to fully appease markets. Despite the headline GDP reading providing precious little reason for optimism, the improved industrial production and retail sales figures for December go some way to showing that there is some form of improvement within the widespread decline in Chinese economic data.”
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,706.35 up with +2.06% percent or +499.19 point. The S&P 500 is trading at 2,670.71 up with +1.32% percent or +34.75 point. The Nasdaq Composite is trading at 7,157.23 up with +1.03% percent or +72.76 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,622.91 with a loss of -0.47% percent or -96.42 point. Hong Kong’s Hang Seng is trading at 26,933.55 with a loss of -0.97% percent or -262.99 point. China’s Shanghai Composite is trading at 2,579.70 with a loss of -1.18% percent or -30.81 point. India’s BSE Sensex is trading at 36,342.71 with a loss of -0.65% percent or -236.25 point at 12:15 PM.