FTSE Futures Morning Update on 06 September 2019

The FTSE 100 Futures is trading at 7,266.50 with a loss of -0.04% percent or -3.00 point. The CAC 40 Futures is trading at 5,593.50  up with +0.04% percent or +2.00 point. The DAX Futures is trading at 12,157.00 up with +0.44% percent or +53.50 point. The EURO Stoxx 50 Futures trading at 3,490.00 up with +0.29% percent or +10.00 point.

TODAY’S FACTORS AND EVENTS

London stocks looked set for a muted open on Friday as investors eyed the release of the latest US non-farm payrolls report.

The FTSE 100 was called to open nine points lower at 7,262. The index fell on Thursday, missing out on the broader market rally, which was fuelled by optimism over Sino-US trade talks, as sterling hit a five-week high on expectations of a Brexit delay.

Ipek Ozkardeskaya, senior market analyst at London Capital Group, said: “In focus today, the US non-farm payrolls data could beat the soft market expectations. A consensus of analyst expectations points at 160,000 new non-farm jobs in August, versus the past 12-month average of 190,000. A strong NFP read near or above 200,000, could further soothe the dovish Fed expectations and boost the US dollar and the sovereign yields.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 7,272.23  up with +0.015% percent or +1.06  point. France’s CAC  40 closed at 5,594.72 up with +0.024% percent or  +1.36 point.Germany’s DAX closed at 12,163.04  up with +0.30% percent or +29.86  point.

WORLD MARKETS

For the day the Dow is trading at 26,728.15  up with +1.41% percent or +372.68  point. The S&P 500 is trading at 2,976.00  up with +1.30% percent or +38.22 point. The Nasdaq Composite is trading at 8,116.83 up with +1.75% percent or +139.95  point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,199.57 up  with +0.54% percent or +113.63 point. Hong Kong’s Hang Seng is trading at 26,651.93  up with +0.51% percent or +134.03 point. China’s Shanghai Composite is trading at 2,999.60 up with +0.46% percent or +13.74 point. India’s BSE Sensex is trading at 36,934.57  up with +0.79% percent or +290.15 point at 12:15 PM.