FTSE Futures Morning Update on 31 January 2019

The FTSE 100 Futures is trading at 6,884.80  with a loss of -0.09% percent or -5.90 point. The CAC 40 Futures is trading at 4,981.50 up with +1.14% percent or +56.00 point. The DAX Futures is trading at 11,218.50  with a loss of -0.05% percent or -5.10 point. The EURO Stoxx 50 Futures trading at 3,165.50 up with +0.19% percent or +6.00 point.

TODAY’S FACTORS AND EVENTS

Oxford Economics Associate Director, Andrew Goodwin, said: “[May’s] strategy is very unlikely to succeed, with little prospect of the EU relenting on the backstop.

“With the Government only able to muster a majority with a plan which has little chance of gaining agreement from the EU and MPs remaining reluctant to overturn parliamentary norms, we believe that the risk of a ‘no deal’ outcome remains uncomfortably high.”

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 6,941.63 up with +1.58% percent or +107.70 point. France’s CAC  40 closed at 4,974.76  up with  +0.95% percent or +46.59 point. Germany’s DAX closed at 11,181.66   with a loss of -0.33% percent or -37.17 point.

WORLD MARKETS

For the day the Dow is trading at 25,014.86  up with +1.77% percent or +434.90 point. The S&P 500 is trading at 2,681.05 up with +1.55% percent or +41.05 point. The Nasdaq Composite is trading at 7,183.08  up with +2.20% percent or +154.79 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,773.49  up with +1.06% percent or +216.95 point. Hong Kong’s Hang Seng is trading at 27,925.64 up with +1.02% percent or +282.79 point. China’s Shanghai Composite is trading at 2,583.37 up with +0.30% percent or +7.79 point. India’s BSE Sensex is trading at 35,983.26  up with +1.10% percent or +392.01 point at 12:15 PM.