FTSE Futures Morning Update on 25 oct. 2019

The FTSE 100 Futures is trading at 7,300.80 with a loss of -0.04% percent or -3.20 point. The CAC 40 Futures is trading at 5,688.80 up with +0.15% percent or +8.30 point. The DAX Futures is trading at 12,840.30  with a loss of -0.15% percent or -19.70 point. The EURO Stoxx 50 Futures trading at 3,602.00 with a loss of -0.30% percent or -11.00 point.

TODAY’S FACTORS AND EVENTS

London stocks were set for a muted open on Friday as investors awaited the EU’s decision on a Brexit extension.

The FTSE 100 was called to open four points higher at 7,332. Meanwhile, the pound was steady against the dollar, having slipped overnight on news that Prime Minister Boris Johnson was looking to hold an election on 12 December.

CMC Markets analyst David Madden said: “Mr Johnson wants to clear house plus consolidate power, but he needs two thirds of MPs support in order to peruse his plan. Boris is bullish, but the Labour Party don’t seem that keen to go head to head with the Tories, presumably because they are performing poorly in the polls. The SNP might not be too eager to support a general election either as the recent Progress Scotland survey pointed to a minority of Scots supporting independence.”

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at7,321.57  with a loss of 0.091% percent or –6.68 point. France’s CAC  40 closed at 5,696.31 up with 0.21% percent or +11.98 point.Germany’s DAX closed at 12,859.16 with a loss of –0.10% percent or –12.94  point.

WORLD MARKETS

For the day the Dow is trading at 26,805.53 with a loss of –0.11% percent or  –28.42 point. The S&P 500 is trading at 3,010.29 up with +0.19% percent or +5.77 point. The Nasdaq Composite is trading at 8,185.80 up with +0.81% percent or +66.00 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,799.81 up with +0.22% percent or +49.21 point. Hong Kong’s Hang Seng is trading at 26,676.34 with a loss of –0.45% percent or ?121.61 point. China’s Shanghai Composite is trading at 2,954.93 up with +0.48% percent or +14.01  point. India’s BSE Sensex is trading at 38,802.10  with a loss of –0.55% percent or –215.18 point at 12:15 PM.

You may also like...

Rules of Discussion on FTSE Futures Morning Update on 25 oct. 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.
Loading comments …