FTSE Futures Update : 04 Jan. 2023
The FTSE 100 Futures is trading at 7,564.20 with +0.22% percent or +16.70 point. The CAC 40 Futures is trading at 6,640.20 with +0.63% percent or +41.70 point. The DAX Futures is trading at 14,298.5 with +0.28% percent +40.5 point. The EURO Stoxx 50 Futures trading at 3,902.00 with +0.26% percent or +10.00 point.
TODAY’S FACTORS AND EVENTS
A weak pound, fears of recession in the UK and surging sales at French luxury goods makers are thought to be behind the shift, according to data from Bloomberg.
It’s the first time Paris has overtaken London since records began in 2003.
It comes as the UK is expected to fall into recession this year, although the French economy is also under pressure.
YESTERDAY ACTIVITY
For the day the FTSE 100 closed at 7,554.09 with 1.37% percent or +102.35 point. France’s CAC 40 closed at 6,623.89 with 0.44% percent or +29.32 point.Germany’s DAX closed at 14,181.67 up with +0.80% percent or +112.41 point.
WORLD MARKETS
For the day the Dow is trading at 33,136.37 with a loss of –0.033% percent or ?10.88 point. The S&P 500 is trading at 3,824.14 with a loss of –0.40% percent or ?15.36 point. The Nasdaq Composite is trading at 10,386.98 with a loss of –0.76% percent or ?79.50 point.
In other parts of world, Japan’s Nikkei 225 is trading at 25,758.52 with a loss of –1.29% percent or ?335.98 point. Hong Kong’s Hang Seng is trading at 20,545.28 up with +1.99% percent or +399.99 point. China’s Shanghai Composite is trading at 3,113.94 with 0.082% percent or ?2.57 point. India’s BSE Sensex is trading at 60,941.71 with a loss of –0.58% percent or ?352.49point at 12:15 PM.