The FTSE 100 Futures is trading at 5,908.30 up with +1.77% percent or +103.00 point. The CAC 40 Futures is trading at 4,353.20 up with +1.90% percent or +81.20 point. The DAX Futures is trading at 10,740.20 up with +2.73% or +285.70 point. The EURO Stoxx 50 Futures trading at 2,814.00 up with +2.22% percent or +61.00 point.
TODAY’S FACTORS AND EVENTS
Spreadex analyst Connor Campbell said: “This week got off to a better start, thanks to one Jerome Powell. When asked if the Federal Reserve has done all it can do in an interview for 60 Minutes, Powell stated that ‘there’s a lot more we can do…we’re not out of ammunition by a long shot. No, there’s really no limit to what we can do with these lending programs that we have’. This went some way to reversing the losses Powell provoked last week, when the Fed chair appeared to take negative interest rates off the table.
For the day the FTSE 100 closed at 5,922.85 up with +2.12% percent or +123.08 point. France’s CAC 40 closed at 4,365.02 up with +2.04% percent or +87.39 point.Germany’s DAX closed at 10,743.74 up with +2.66% percent or +278.57 point.
For the day the Dow is trading at 23,685.42 up with +0.25% percent or +60.08 point. The S&P 500 is trading at 2,863.70 up with +0.39% percent or +11.20 point. The Nasdaq Composite is trading at 9,014.56 up with +0.79% percent or +70.84 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,133.73 up with +0.48% percent or +96.26 point. Hong Kong’s Hang Seng is trading at 23,934.77 up with +0.58% percent or +137.30 point. China’s Shanghai Composite is trading at 2,875.42 up with +0.24% percent or +6.96 point. India’s BSE Sensex is trading at 30,021.81 with a loss of –3.46% percent or –1,075.92 point at 12:15 PM.