FTSE Futures Morning Update on 08 April 2019

The FTSE 100 Futures is trading at 7,372.80 with a loss of -0.31% percent or -22.70 point. The CAC 40 Futures is trading at 5,464.00  with a loss of -0.28% percent or -15.20 point. The DAX Futures is trading at  11,982.20 with a loss of -0.38% percent or -45.70 point. The EURO Stoxx 50 Futures trading at 3,365.00 with a loss of -0.27% percent or -9.00 point.

TODAY’S FACTORS AND EVENTS

London stocks were in the green at the end of the week, amid signs of progress in Sino-US trade talks, and a drop in the pound as Westminster haggled with Brussels over the length of any extension to Article 50.

Theresa May, meanwhile, wrote requesting a delay of up to 30 June, saying that if cross-party negotiations did not yield “a single unified approach” from Parliament, then MPs would be asked to vote on a menu of possible options for Brexit, which the government “stands ready to stand by”.

Tusk told EU officials Britain could have an option to leave once the withdrawal agreement is ratified by parliament and was expected to outline his idea at a leaders’ summit in Brussels next Wednesday. He was reported to have described the plan as “the only reasonable way out” of the current impasse.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,446.87 up with +0.61% percent or +44.93 point. France’s CAC  40 closed at 5,476.20 up with +0.23% percent or +12.40  point. Germany’s DAX closed at 12,009.75  up with +0.18% percent or +21.74 point.

WORLD MARKETS

For the day the Dow is trading at 26,424.99 up with +0.15% percent or +40.36 point. The S&P 500 is trading at 2,892.74 up with +0.46% percent or +13.35 point. The Nasdaq Composite is trading at 7,938.69  up with +0.59% percent or +46.91 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,761.65  with a loss of -0.21% percent or -45.85 point. Hong Kong’s Hang Seng is trading at 30,052.17 up with +0.39% percent or  +115.85  point. China’s Shanghai Composite is trading at 3,242.07  with a loss of -0.14% percent or ?4.50 point. India’s BSE Sensex is trading at 38,779.57   with a loss of  -0.21% percent or -82.66 point at 12:15 PM.