The FTSE 100 Futures is trading at 7,489.20 up with +0.06% percent or +0.06% point. The CAC 40 Futures is trading at 5,594.50  with a loss of -0.15% percent or -8.50 point. The DAX Futures is trading at 12,385.50 with a loss of -0.21% percent or -25.80 point. The EURO Stoxx 50 Futures trading at 3,512.00   with a loss of -0.23% percent or -8.00 point.

TODAY’S FACTORS AND EVENTS

In equity markets, Vodafone rallied after saying it was creating Europe’s largest mobile phone tower company with its infrastructure to be legally separated into a new organisation operational by May 2020.

It will be made up of 61,700 towers in 10 markets with potential proportionate EBITDA of around €900m. The group also posted a 2.3% dip in first-quarter revenue to €10.7bn (£9.59bn) due to foreign exchange rate effects.

Education publisher Pearson rose as it bumped up its full-year guidance for adjusted earnings per share, saying that it was beginning to benefit from accelerating its shift to digital.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,549.06   up with +0.80% percent or +60.01 point. France’s CAC  40 closed at 5,610.05 up with +0.57% percent or +32.00 point.Germany’s DAX closed at 12,419.90 up with +0.47% percent or +57.80 point.

WORLD MARKETS

For the day the Dow is trading at 27,192.45 up with +0.19% percent or +51.47 point. The S&P 500 is trading at 3,025.86 up with +0.74% percent or +22.19 point. The Nasdaq Composite is trading at 8,330.21 up  with +1.11% percent or +91.67 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,616.80  with a loss of -0.19% percent or -41.35 point. Hong Kong’s Hang Seng is trading at 27,985.03  with a loss of -1.45% percent or -412.71 point. China’s Shanghai Composite is trading at 2,939.38  with a loss of -0.18% percent or -5.16 point. India’s BSE Sensex is trading at 37,573.29   with a loss of -0.82% percent or -309.50 point at 12:15 PM.