The FTSE 100 Futures is trading at  6,131.00 up with +0.25% percent or +15.50  point. The CAC 40 Futures is trading at 5,016.50 with  a loss of -0.20% percent or -10.00 point. The DAX Futures is trading at 12,914.00 up with +0.41% or +52.60 point. The EURO Stoxx 50 Futures trading at 3,320.00 with a loss of -0.18% percent or -6.00 point.

TODAY’S FACTORS AND EVENTS

London stocks were set to fall at the open on Wednesday amid fading hopes of a US stimulus deal and as figures showed the UK economy has fallen into recession for the first time in 11 years due to the Covid-19 pandemic.

The FTSE 100 was called to open 11 points lower at 6,143.

Data released by the Office for National Statistics showed the economy contracted by 20.4% between April and June, having shrunk 2.2% in the first quarter. Analysts had been expecting a 20.5% contraction.

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at 6,154.34  with 0.00% percent or 0.00  point. France’s CAC  40 closed at 5,027.99 with +2.41% percent or +118.48  point.Germany’s DAX closed at 12,946.89 up with +2.04% percent or +259.36 point.

WORLD MARKETS

For the day the Dow is trading at 27,686.91 with a loss of -0.38% percent or ?104.53 point. The S&P 500 is trading at 3,333.69 with  a loss of –0.80% percent or ?26.78 point. The Nasdaq Composite is trading at 10,782.82  with a loss of -1.69% percent or -185.53 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 22,843.96 up with +0.41% percent or +93.72 point. Hong Kong’s Hang Seng is trading at 25,101.49 up with +0.85% percent or +210.81 point. China’s Shanghai  Composite is trading at 3,319.27 with a loss of –0.63% percent or –21.02 point. India’s BSE Sensex is trading at 38,355.35 with a loss of –0.13% percent or 51.66  point at 12:15 PM.