The FTSE 100 Futures is trading at 6,781.30 with a loss of -0.03% percent or -1.70 point. The CAC 40 Futures is trading at 4,842.00 up with +0.09% percent or +4.50 point. The DAX Futures is trading at 11,061.80 up with +0.09% percent or +10.30 point. The EURO Stoxx 50 Futures trading at 3,107.50 up with +0.18% percent or +5.50 point.
TODAY’S FACTORS AND EVENTS
The ECB is expected to keep monetary policy unchanged, so attention will turn to Mario Draghi’s press conference.
“There is little doubt that Draghi will hit a dovish tone in the press conference as he highlights economic developments are weaker than expected with global risks still prominent,” said London Capital Group analyst Jasper Lawler. “Should the ECB reduce its inflation forecasts and Draghi focus his speech on weaker growth and increasing risks, investors will quickly push back hopes of a rate rise.”
Meanwhile, sterling was trading down 0.1% against the dollar at 1.3057, having hit its best level since early November on Wednesday.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,575.62 up with +0.70% percent or +171.14 point. The S&P 500 is trading at 2,638.70 up with +0.22% percent or +5.80 point. The Nasdaq Composite is trading at 7,025.77 up with +0.077% percent or +5.41 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,574.63 with a loss of -0.093% percent or -19.09 point. Hong Kong’s Hang Seng is trading at 27,120.98 up with +0.42% percent or +112.78 point. China’s Shanghai Composite is trading at 2,591.69 up with +0.41% percent or +10.69 point. India’s BSE Sensex is trading at 36,058.87 with a loss of -0.14% percent or -49.60 point at 12:15 PM.