FTSE Futures Morning Update on 29 March 2019

The FTSE 100 Futures is trading at 7,187.80  up with +0.35% percent or +25.30 point. The CAC 40 Futures is trading at 5,314.50  up with +0.39% percent or +20.50 point. The DAX Futures is trading at  11,508.20 up with +0.18% percent or +20.70 point. The EURO Stoxx 50 Futures trading at 3,260.00 up with +0.12% percent or +4.00 point.

TODAY’S FACTORS AND EVENTS

London stocks outperformed most of their European peers on Thursday, as sterling stumbled over continued confusion and doubts over the Brexit process.

Commons speaker John Bercow allowed the vote to go ahead as he said it was substantially different from the two meaningful votes as it will not cover the political declaration part of May’s deal.

The government said the vote was being held as it was the last day that would allow the UK to exit the European Union on 22 May under the extension approved by the EU council last week and therefore avoiding a longer extension and elections for the EU parliament.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,234.33 up with +0.56% percent or +40.14 point. France’s CAC  40 closed at 5,296.54 with a loss of -0.088% percent or -4.69 point. Germany’s DAX closed at 11,428.16  up with +0.080% percent or +9.12 point.

WORLD MARKETS

For the day the Dow is trading at 25,717.46 up with +0.36% percent or +91.87 point. The S&P 500 is trading at 2,815.44 up with +0.36% percent or +10.07 point. The Nasdaq Composite is trading at 7,669.17  up with +0.34% percent or +25.79 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,205.81 up with +0.82% percent or +172.05 point. Hong Kong’s Hang Seng is trading at 29,032.67 up with +0.89% percent or +257.46  point. China’s Shanghai Composite is trading at 3,090.76  up with +3.20% percent or +95.81 point. India’s BSE Sensex is trading at 38,576.24  up with +1.16% percent or +443.36 point at 12:15 PM.