FTSE Futures Morning Update on 18 September 2019

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.

WORLD MARKETS

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.

You may also like...

Rules of Discussion on FTSE Futures Morning Update on 18 September 2019

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.