FTSE Futures Morning Update on 13 March 2019

The FTSE 100 Futures is trading at 7,055.00  with a loss of -1.45% percent or -104.00 point. The CAC 40 Futures is trading at 5,245.80  with a loss of -0.37% percent or -19.70 point. The DAX Futures is trading at  11,493.00  with a loss of -0.18%  percent or -21.30  point. The EURO Stoxx 50 Futures trading at 3,209.00  with a loss of -0.19% percent or -6.00 point.

TODAY’S FACTORS AND EVENTS

London’s financial markets were all caught up in the latest twists and turns of the Brexit saga on Tuesday, with stocks reversing earlier losses as sterling tumbled along with hopes for Theresa May to avoid another damaging defeat in parliament.

By the close, the FTSE 100 had gained 0.3% to 7,151.15 as the pound slumped 0.9% against the euro to 1.1584 and 0.5% versus the dollar to 1.3085, having surged overnight as May said she had secured singificant changes to the Brexit deal which meant the Irish backstop could not become permanent.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,151.15 up with +0.29% percent or +20.53 point. France’s CAC  40 closed at 5,270.25 up with +0.082% percent or +4.30 point. Germany’s DAX closed at 11,524.17 with a loss of -0.17% percent or -19.31 point.

WORLD MARKETS

For the day the Dow is trading at 25,554.66 with a loss of -0.38% percent or -96.22 point. The S&P 500 is trading at 2,791.52 up with +0.30% percent or +8.22 point. The Nasdaq Composite is trading at 7,591.03 up with +0.44% percent or +32.97  point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,290.24 with a loss of -0.99% percent or -213.45 point. Hong Kong’s Hang Seng is trading at 28,789.40   with a loss of -0.45% percent or -131.47  point. China’s Shanghai Composite is trading at 3,026.95   with a loss of -1.09% percent or -33.36 point. India’s BSE Sensex is trading at 37,630.92  up with +0.25% percent or +95.26 point at 12:15 PM.