The FTSE 100 Futures is trading at 7,512.00 with a loss -0.84% percent or -63.50 point. The CAC 40 Futures is trading at 5,959.00 with a loss of -0.23% percent or -13.50 point. The DAX Futures is trading at 13,198.80 with a loss of -0.30% percent or -40.30 point. The EURO Stoxx 50 Futures trading at 3,728.00 with a loss of -0.11% percent or -4.00 point.
TODAY’S FACTORS AND EVENTS
Rate-setters at the Old Lady of Threadneedle Street kept all their main policy settings unchanged, with the Bank Rate steady at 0.75%, as expected, and all options remaining on the table.
“Monetary policy could respond in either direction to changes in the economic outlook in order to ensure a sustainable return of inflation to the 2% target,” the Monetary Policy Committee said in a summary of its decision.
However, the MPC vote was somewhat more hawkish than expected, with some economists anticipating that six of the committee’s nine members would vote for a cut in interest rates, up from two the last time around.
For the day the FTSE 100 closed at 7,573.82 up with +0.44% percent or +33.07 point. France’s CAC 40 closed at 5,972.28 up with +0.21% percent or +12.68 point.Germany’s DAX closed at 13,211.96 with a loss of -0.077% percent or –10.20 point.
For the day the Dow is trading at 28,376.96 up with +0.49% percent or +137.68 point. The S&P 500 is trading at 3,205.37 up with 0.45% percent or +14.23 point. The Nasdaq Composite is trading at 8,887.22 up with +0.67% percent or +59.48 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,816.63 with a loss of –0.20% percent or -48.22 point. Hong Kong’s Hang Seng is trading at 27,817.98 up with +0.063% percent or +17.49 point. China’s Shanghai Composite is trading at 3,004.94 with a loss of –0.40% percent or –12.13 point. India’s BSE Sensex is trading at 41,700.62 up with +0.064% percent or +26.70 point at 12:15 PM.