The FTSE 100 Futures is trading at 7,292.20 with a loss of -0.37% percent or -27.30 point. The CAC 40 Futures is trading at 5,600.80 with a loss of -0.27% percent or -15.20 point. The DAX Futures is trading at 12,369.50 with a loss of -0.15% percent or -18.80 point. The EURO Stoxx 50 Futures trading at 3,508.00 with a loss of -0.06% percent or -2.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set to fall at the open on Wednesday as investors eyed key UK inflation data and the latest policy announcement from the Federal Reserve.
The FTSE 100 was called to open 10 points lower at 7,310.
On the data front, producer price inflation, retail price inflation and consumer price inflation are all due at 0930 BST.
CMC Markets analyst Michael Hewson said: “Last week UK wages rose at their fastest rate for 11 years, rising 3.8% in the three months to July, which when combined with unemployment being at 45-year lows shows that, despite all the doom and gloom which accompanied the slowdown in Q2, real wages are once again heading back to levels last seen before the 2016 Brexit referendum.
PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,331.77 up with + percent or +11.37 point. France’s CAC 40 closed at 5,605.23 with a loss of – percent or –10.28 point.Germany’s DAX closed at 12,360.62 with a loss of – percent or –11.99 point.
For the day the Dow is trading at 27,110.80 up with + percent or +33.98 point. The S&P 500 is trading at 3,005.70 up with + percent or +7.74 point. The Nasdaq Composite is trading at 8,186.02 up with + percent or +32.47 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,960.71 with a loss of – percent or –40.61 point. Hong Kong’s Hang Seng is trading at 26,776.10 with a loss of – percent or –14.14 point. China’s Shanghai Composite is trading at 2,985.66 up with + percent or +7.54 point. India’s BSE Sensex is trading at 36,617.98 up with + percent or +136.54 point at 12:15 PM.