The FTSE 100 Futures is trading at 7,473.50 with a loss of -0.41% percent or -31.00 point. The CAC 40 Futures is trading at 5,625.64 up with +0.13% percent or +7.49 point. The DAX Futures is trading at 12,490.50 with a loss of -0.19% percent or -24.40 point. The EURO Stoxx 50 Futures trading at 3,524.00 with a loss of -0.34% percent or -12.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set to edge higher at the open on Wednesday amid renewed optimism over Sino-US trade talks.
The FTSE 100 was called to open six points higher at 7,561.
CMC Markets analyst Michael Hewson said: “European and US stocks enjoyed a decent push higher yesterday, and Asia has followed suit this morning, helped by a combination of factors.
“Firstly, a downgrade of global growth expectations by the IMF encouraged the expectation that central banks would in all likelihood step in with further measures to support the global economy in the weeks and months ahead.
PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,540.84 with a loss of -0.21% percent or -16.02 point. France’s CAC 40 closed at 5,623.11 up with +0.088% percent or +4.96 point.Germany’s DAX closed at 12,500.30 up with +0.08% percent or +8.93 point.
For the day the Dow is trading at 27,349.19 up with +0.65% percent or +177.29 point. The S&P 500 is trading at 3,005.47 up with +0.68% percent or +20.44 point. The Nasdaq Composite is trading at 8,251.40 up with +0.58% percent or +47.27 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,709.57 up with +0.41% percent or +88.69 point. Hong Kong’s Hang Seng is trading at 28,533.11 up with +0.23% percent or +66.63 point. China’s Shanghai Composite is trading at 2,923.28 up with +0.80% percent or +23.33 point. India’s BSE Sensex is trading at 37,802.23 with a loss of -0.48% percent or -180.51 point at 12:15 PM.