FTSE Futures Morning Update on 20 Dec. 2019

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.

YESTERDAY ACTIVITY

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.

WORLD MARKETS

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.

You may also like...

Rules of Discussion on FTSE Futures Morning Update on 20 Dec. 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 …