FTSE Futures Morning Update on 31 oct. 2019

The FTSE 100 Futures is trading at 7,309.50  with 0.00% percent or 0.00% point. The CAC 40 Futures is trading at 5,777.80  up with +0.27% percent or +15.80 point. The DAX Futures is trading at 12,932.50 with a loss of -0.02% percent or -2.50 point. The EURO Stoxx 50 Futures trading at 3,620.00 with 0.00% percent or 0.00 point.

TODAY’S FACTORS AND EVENTS

London stocks were set for a muted open on Thursday amid a firmer pound, as investors mulled the latest policy announcement from the Federal Reserve.

The FTSE 100 was called to open just one point higher at 7,331. Meanwhile, sterling was up 0.3% against the dollar at 1.2938.

CMC Markets analyst David Madden said: “Last night the Fed cut rates for the third time in four months, but it seems like the Fed could be in for a period of sitting on their hands and allowing the interest rate cuts to trickle down to the economy.

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at 7,330.78  with a loss of 0.34% percent or –25.02 point. France’s CAC  40 closed at 5,765.87 up with 0.45%  percent or  +25.73 point.Germany’s DAX closed at 12,910.23 with a loss of –0.23% percent or –29.39  point.

WORLD MARKETS

For the day the Dow is trading at 27,186.69 up with +0.43% percent or +115.27 point. The S&P 500 is trading at 3,046.77 with 0.33% percent or +9.88 point. The Nasdaq Composite is trading at 8,303.98  with 0.33% percent or +27.12 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,927.04 up with +0.37% percent or +83.92 point. Hong Kong’s Hang Seng is trading at 26,851.89 with 0.69% percent or +184.18 point. China’s Shanghai Composite is trading at 2,929.06 with a loss of –0.35% percent or –10.26  point. India’s BSE Sensex is trading at 40,294.94 up with +0.61% percent or +243.07 point at 12:15 PM.

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