The FTSE 100 Futures is trading at 7,222.20 up with +0.03% percent or +2.20 point. The CAC 40 Futures is trading at 5,356.00 with a loss of -0.12% percent or -6.50 point. The DAX Futures is trading at 11,724.00 with a loss of -0.63% percent or -74.80 point. The EURO Stoxx 50 Futures trading at 3,348.00 with a loss of -0.48% percent or -16.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set to rise at the open on Wednesday amid renewed optimism about Sino-US trade relations, as investors eyed the release of the latest UK inflation data.
The FTSE 100 was called to open 30 points higher at 7,280.
The mood was lifted on Tuesday after the Trump administration said it would delay new tariffs on some Chinese goods until December.
“The announcement was the one bit of good macro news in the past few days, and it sparked a spate of buying. Trade talks between the US and China will take place in September, and traders are a little more optimistic about the situation now,” said CMC Markets analyst David Madden.
PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,249.60 with a loss of -0.018% percent or -1.30 point. France’s CAC 40 closed at 5,363.40 up with +0.0063% percent or +0.34 point.Germany’s DAX closed at 11,745.53 with a loss of -0.08% percent or -15.11 point.
For the day the Dow is trading at 26,279.91 up with +1.44% percent or +372.54 point. The S&P 500 is trading at 2,926.32 up with +1.48% percent or +42.57 point. The Nasdaq Composite is trading at 8,016.36 up with +1.95% percent or +152.95 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,655.13 up with +0.98% percent or +199.69 point. Hong Kong’s Hang Seng is trading at 25,264.22 with a loss of -0.068% percent or -17.08 point. China’s Shanghai Composite is trading at 2,808.91 up with +0.42% percent or +11.66 point. India’s BSE Sensex is trading at 37,318.89 up with +0.98% percent or +360.73 point at 12:15 PM.