FTSE Futures Morning Update on 27 February 2019

The FTSE 100 Futures is trading at 7,108.00 up with +0.07% percent or +5.20 point. The CAC 40 Futures is trading at 5,229.50  with a loss of -0.01% percent or -0.50 point. The DAX Futures is trading at 11,513.80 with a loss of -0.01% percent or -0.60 point. The EURO Stoxx 50 Futures trading at 3,278.50   with a loss of -0.15% percent or -5.00 point.

TODAY’S FACTORS AND EVENTS

London’s blue-chip benchmark finished in the red on Tuesday but domestically focused stocks climbed higher, as Theresa May offered parliament a vote to prevent a no-deal Brexit sending the pound surging and also lifting hopes for the UK economy.

The FTSE 100 fell 0.45% to 7,151.12 as sterling surged to its highest level against the euro since May 2017 and its highest against the dollar since September after the prime minister said that if her Brexit deal is defeated in parliament next month, she will give MPs two further votes to decide what to do next.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,151.12   with a loss of -0.45% percent or -32.62 point. France’s CAC  40 closed at 5,238.72  up with +0.13% percent or +6.88 point. Germany’s DAX closed at 11,540.79  up with +0.31% percent or +35.40 point.

WORLD MARKETS

For the day the Dow is trading at 26,057.98  with a loss of -0.13% percent or -33.97 point. The S&P 500 is trading at 2,793.90 with a loss of -0.079% percent or -2.21 point. The Nasdaq Composite is trading at 7,549.30  with a loss of -0.068% percent or -5.16 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,556.51 up  with +0.50% percent or +107.12 point. Hong Kong’s Hang Seng is trading at 28,762.43   with a loss of -0.033% percent or -9.63 point. China’s Shanghai Composite is trading at 2,953.82 up with +0.42% percent or +12.31 point. India’s BSE Sensex is trading at 35,817.00 with a loss of -0.44% percent or -156.71 point at 12:15 PM.