The FTSE 100 Futures is trading at 7,173.00 with a loss of -0.38% percent or -27.00 point. The CAC 40 Futures is trading at 5,286.50 with a loss of -0.42% percent or -22.50 point. The DAX Futures is trading at 11,616.00 with a loss of -0.09% percent or -10.00 point. The EURO Stoxx 50 Futures trading at 3,308.00 up with -0.12% percent or -4.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set to edge higher at the open on Tuesday as investors eyed the latest batch of key UK jobs data.
The FTSE 100 was called to open 10 points higher at 7,236.
On the macroeconomic front, average earnings, the ILO unemployment rate and the claimant count are all due at 0930 BST.
CMC Markets analyst Michael Hewson said: “Today we’ll get to see how the jobs market is holding up as well as get an insight into the pressure on wages which has continued to push up to multi year highs in recent months. The resilience of the labour market has been quite startling given all the reports we’ve seen in the media over the last 12-18 months of widespread job losses across a range of sectors, the unemployment rate has remained anchored near its lowest levels since the 1970s at 3.8%.
PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,204.27 with a loss of -0.30% percent or -21.61 point. France’s CAC 40 closed at 5,295.82 with a loss of -0.27% percent or -14.48 point.Germany’s DAX closed at 11,633.99 with a loss of -0.45% percent or -52.28 point.
For the day the Dow is trading at 25,897.71 with a loss of -1.48% percent or -389.73 point. The S&P 500 is trading at 2,883.09 with a loss of -1.22% percent or -35.56 point. The Nasdaq Composite is trading at 7,863.41 with a loss of -1.20% percent or -95.73 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,455.44 with a loss of -1.11% percent or -229.38 point. Hong Kong’s Hang Seng is trading at 25,281.30 with a loss of -2.10% percent or -543.42 point. China’s Shanghai Composite is trading at 2,797.26 with a loss of -0.63% percent or -17.73 point. India’s BSE Sensex is trading at 37,308.37 with a loss of -0.73% percent or -273.54 point at 12:15 PM.