The FTSE 100 Futures is trading at 7,325.00 up with +0.40% percent or +29.00 point. The CAC 40 Futures is trading at 5,901.08 with a loss of –0.10% percent or –6.00 point. The DAX Futures is trading at 13,257.00 up with +0.42% percent or +54.90 point. The EURO Stoxx 50 Futures trading at 3,704.00 up with +0.33% percent or +12.00 point.
TODAY’S FACTORS AND EVENTS
Thomas Pugh, UK economist at Capital Economics, said that consumers could just be holding off on purchases ahead of ‘Black Friday’ discounts in November, which were poorly captured in the ONS seasonal adjustment process.
“But at least some of last month’s weakness may reflect the recent weakness in the labour market with fewer people in employment and wage growth slowing, consumers may feel less flush.
“Overall, it is increasingly clear that the risks to our forecast for GDP growth of 0.2% quarter-on-quarter in the fourth quarter appear on the downside.”
For the day the FTSE 100 closed at 7,292.76 with a loss of –0.80% percent or -58.45 point. France’s CAC 40 closed at 5,901.08 with a loss of –0.10% percent or –6.00 point.Germany’s DAX closed at 13,180.23 with a loss of -0.38% percent or –49.84 point.
For the day the Dow is trading at 27,781.96 with a loss of –0.0059% percent or –1.63 point. The S&P 500 is trading at 3,096.63 up with +0.084% percent or +2.59 point. The Nasdaq Composite is trading at 8,479.02 with a loss of –0.036% percent or –3.08 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,303.32 up with +0.70% percent or +161.77 point. Hong Kong’s Hang Seng is trading at 26,308.95 with a loss of –0.056% percent or –14.74 point. China’s Shanghai Composite is trading at 2,891.34 with a loss of –0.64% percent or –18.53 point. India’s BSE Sensex is trading at 40,504.04 up with +0.53% percent or +214.05 point at 12:15 PM.