FTSE Futures Morning Update on 23 April 2019

The FTSE 100 Futures is trading at 7,437.00 up with +0.40% percent or +29.50 point. The CAC 40 Futures is trading at 5,524.50  with a loss of -1.26% percent or -70.40 point. The DAX Futures is trading at 12,270.50  with a loss of -0.02% percent or -2.40 point. The EURO Stoxx 50 Futures trading at 3,432.00 with a loss of -0.09% percent or -3.00 point.

TODAY’S FACTORS AND EVENTS

The dip in UK equities was despite a much better-than-expected reading on US retail sales for March that reportedly saw Goldman Sachs bump up its forecast for GDP growth in the first quarter from 2.1% to 2.4%.

Survey readings on the French and German economies in April published on Thursday also beat economists’ forecasts.

IHS Markit’s so-called composite output index for German factory and services sector activity printed at 52.1 in April versus 51.4 for the month before (consensus: 51.7).

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,459.88  with a loss of -0.15% percent or -11.44 point. France’s CAC  40 closed at 5,580.38 up with +0.31% percent or +17.29 point. Germany’s DAX closed at 12,222.39 up with +0.57% percent or +69.32  point.

WORLD MARKETS

For the day the Dow is trading at 26,511.05   with a loss of -0.18% percent or -48.49 point. The S&P 500 is trading at 2,907.97 up with +0.10% percent or +2.94 point. The Nasdaq Composite is trading at 8,015.27 up with +0.22% percent or +17.21 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,259.74  up with +0.19% percent or +41.84 point. Hong Kong’s Hang Seng is trading at 29,955.04  with a loss of -0.027% percent or -8.22   point. China’s Shanghai Composite is trading at 3,193.47  with a loss of -0.67% percent or -21.57 point. India’s BSE Sensex is trading at 38,747.98  up with +0.27% percent or +102.80 point at 12:15 PM.