The FTSE 100 Futures is trading at 6,171.80 with a loss of -0.84% percent or -52.20  point. The CAC 40 Futures is trading at 4,719.80 with a loss of -0.89% percent or -42.20 point. The DAX Futures is trading at 11,637.20  with a loss of -0.66% or -77.20 point. The EURO Stoxx 50 Futures trading at 3,056.00 with a loss of -1.16% percent or -36.00 point.

TODAY’S FACTORS AND EVENTS

CMC Markets analyst Michael Hewson said: “Having spent most of this week ignoring the prospect of an escalation of US, China tension over Hong Kong, despite various smoke signals throughout the week suggesting a confrontation was brewing, US markets turned tail sharply late last night on reports that President Trump was going to be holding a press conference later today on China.

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at 6,179.43  with a loss of –0.61% percent or ?38.10 point. France’s CAC  40 closed at 4,722.84 with a loss of –1.02% percent or ?48.55 point.Germany’s DAX closed at 11,649.44  with a loss of – 1.12%percent or –131.69  point.

WORLD MARKETS

For the day the Dow is trading at 25,400.64 with a loss of -0.58% percent or -147.63 point. The S&P 500 is trading at 3,029.73  with a loss of –0.21% percent or -6.40 point. The Nasdaq Composite is trading at 9,368.99 with a loss of -0.46% percent or -43.37 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 21,877.89  with a loss of –0.18% percent or –38.42 point. Hong Kong’s Hang Seng is trading at 22,973.96  with a loss of –0.69% percent or –158.80 point. China’s Shanghai  Composite is trading at 2,852.35 up with +0.22% percent or +6.13 point. India’s BSE Sensex is trading at 32,113.73 with a loss of -0.27% percent or –83.19 point at 12:15 PM.