FTSE Futures Morning Update on 28 February 2019

The FTSE 100 Futures is trading at 7,062.20  with a loss of -0.26% percent or -18.30 point. The CAC 40 Futures is trading at 5,216.80  with a loss of –0.13% percent or -6.70 point. The DAX Futures is trading at 11,418.50 with a loss of -0.61% percent or -70.00 point. The EURO Stoxx 50 Futures trading at 3,270.50  with a loss of -0.32% percent or -10.50 point.

TODAY’S FACTORS AND EVENTS

London stocks were set for a negative open on Thursday, taking their cue from losses in Asia following the release of weak Chinese factory orders data and as the Trump-Kim denuclearisation summit yielded no progress.

The FTSE 100 was called to open 22 points lower at 7,085.

Sentiment was likely to take a hit after the summit between US President Trump and North Korean leader Kim Jong-un ended with no agreement. White House press secretary Sarah Sanders said earlier: “No agreement was reached at this time, but their respective teams look forward to meeting in the future.”

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,061.08   with a loss of -0.65% percent or -46.12 point. France’s CAC  40 closed at 5,225.35  with a loss of -0.26% percent or -13.36 point. Germany’s DAX closed at 11,487.33  with a loss of -0.46% percent or -53.46 point.

WORLD MARKETS

For the day the Dow is trading at 25,985.16  with a loss of -0.28% percent or -72.82 point. The S&P 500 is trading at 2,792.38 with a loss of -0.054% percent or -1.52 point. The Nasdaq Composite is trading at 7,554.51  up with +0.069% percent or +5.21 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,385.16  with a loss of -0.79% percent or -171.35 point. Hong Kong’s Hang Seng is trading at 28,633.18   with a loss of -0.43% percent or -124.26 point. China’s Shanghai Composite is trading at 2,940.95  with a loss of -0.44% percent or -12.87  point. India’s BSE Sensex is trading at 35,938.34 up with +0.092% percent or +32.91 point at 12:15 PM.