FTSE Futures Morning Update on 31 Dec. 2019

The FTSE 100 Futures is trading at  7,501.20  with a loss of  -0.23% percent or -17.00 point. The CAC 40 Futures is trading at 5,971.50  with  a loss of -0.03% percent or -1.50 point. The DAX Futures is trading at 13,120.30  with a loss of -1.51% percent or -200.70 point. The EURO Stoxx 50 Futures trading at 3,724.00  with a loss of -1.22% percent or -46.00 point.

TODAY’S FACTORS AND EVENTS

Stocks on the Continent slumped amid holiday-thinned volumes after a Chinese diplomat sounded a confident note on trade, leading to a back-up in longer-term government bond yields and a rising euro.

On Saturday, China’s ambassador to Washington, Cui Tiankai, told state broadcaster CGTN that his country would honour its commitments under the recent phase one trade deal with the US.

As a result, investors were believed to be favouring assets outside the US, which were typically seen as more risky.

By session close, the pan-European Stoxx 600 had declined 0.85% to 416.17, alongside a drop of 0.66% to 13,249.01 for the German Dax while the FTSE Mibtel was 1.06% lower at 23,506.37.

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at 7,587.05  with a loss of –0.76% percent or -57.85 point. France’s CAC  40 closed at 5,982.22  with a loss of –0.91% percent or -55.17  point.Germany’s DAX closed at 13,249.01  with a loss of –0.66% percent or –88.10  point.

WORLD MARKETS

For the day the Dow is trading at 28,462.14  with a loss of –0.64% percent or –183.12 point. The S&P 500 is trading at 3,221.29  with a loss of –0.58% percent or -18.73 point. The Nasdaq Composite is trading at 8,945.99  with a loss of –0.67% percent or -60.62  point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,656.62  with a loss of –0.76% percent or -181.10 point. Hong Kong’s Hang Seng is trading at 28,189.75  with a loss of –0.46% percent or –129.64 point. China’s Shanghai Composite is trading at 3,050.12  up with +0.33% percent or +10.10   point. India’s BSE Sensex is trading at 41,442.52 with a loss of –0.28% percent or –115.48 point at 12:15 PM.

You may also like...

Rules of Discussion on FTSE Futures Morning Update on 31 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 …