The FTSE 100 Futures is trading at 7,281.20  with a loss of -0.06% percent or -4.30 point. The CAC 40 Futures is trading at 5,794.50 up with +0.22% percent or +12.50 point. The DAX Futures is trading at 13,015.00  up with +0.17% percent or +22.00 point. The EURO Stoxx 50 Futures trading at 3,636.00 up with +0.17% percent or +6.00  point.

TODAY’S FACTORS AND EVENTS

CMC Markets analyst Michael Hewson said: “This sudden new belligerence from the US appears to have caught markets on the hop, with the US also threatening to increase EU tariffs further after the WTO ruled in favour of the US with respect to EU claims that all illegal subsidies had been removed. The goods targeted are likely to include products from the UK, as well as France, Germany and Spain.

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at 7,271.98   with a loss of –0.19% percent or –13.96  point. France’s CAC  40 closed at 5,786.74 with a loss of –2.01% percent or –118.42 point.Germany’s DAX closed at 12,964.68  with a loss of -2.05% percent or –271.70 point.

WORLD MARKETS

For the day the Dow is trading at 27,783.04 with a loss of –0.96% percent or –268.37 point. The S&P 500 is trading at 3,113.87  with a loss of –0.86% percent or ?27.11 point. The Nasdaq Composite is trading at 8,567.99  with a loss of –1.12% percent or –97.48 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,379.81  with a loss of –0.64% percent or –149.69 point. Hong Kong’s Hang Seng is trading at 26,391.30 with a loss of –0.20% percent or –53.42 point. China’s Shanghai Composite is trading at 2,884.70 up with +0.31% percent or +8.89   point. India’s BSE Sensex is trading at 40,624.14  with a loss of –0.44% percent or –178.03  point at 12:15 PM.