The FTSE 100 Futures is trading at 7,038.00  with a loss of -0.98% percent or -69.50 point. The CAC 40 Futures is trading at 5,319.50  with a loss of -0.08% percent or -4.50 point. The DAX Futures is trading at 11,577.00  up with +0.20% percent or +22.90 point. The EURO Stoxx 50 Futures trading at 3,328.00 up with +0.54% percent or +18.00 point.

TODAY’S FACTORS AND EVENTS

London stocks gave up their weekly gains on Friday after China retaliated against the latest round of trade tariffs from Washington and the US President warned that he would respond to Beijing latest move “shortly”.

The FTSE 100 finished 0.47% lower at 7,094.98, although the pound recovered from early weakness against the US dollar to trade up by 0.07% to 1.2259 although against the euro it ended 0.49% lower at 1.1004.

For the week as a whole, the top flight index ended 22.17 points lower.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,094.98  with a loss of –0.47% percent or –33.20 point. France’s CAC  40 closed at 5,311.83   with a loss of –0.28% percent or  –15.03 point.Germany’s DAX closed at 11,561.23  with a loss of -0.43% percent or –39.51 point.

WORLD MARKETS

For the day the Dow is trading at 25,628.90  with a loss of –2.37% percent or –623.34  point. The S&P 500 is trading at 2,847.11  with a loss of –2.59% percent or –75.84 point. The Nasdaq Composite is trading at 7,751.77 with a loss of –3.00% percent or –239.62 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,261.04   with a loss of –2.17% percent or –449.87 point. Hong Kong’s Hang Seng is trading at 25,651.05  with a loss of –2.02% percent or –528.28 point. China’s Shanghai Composite is trading at 2,863.57  with a loss of –1.17% percent or –33.86 point. India’s BSE Sensex is trading at 37,297.12 up with +1.63% percent or +600.00 point at 12:15 PM.