The CAC 40 Futures is trading at 5,438.06 with a loss of -1.29% percent or -70.87 point . The FTSE 100 Futures is trading at 7,623.50 with a loss of -1.26% percent or -97.00 point. The DAX Futures is trading at 12,677.50 up with +0.09% percent or +12.00 point . The EURO Stoxx 50 Futures is trading at 3,420.00 up with +0.23% percent or + 8.00point.
TODAY’S FACTORS AND EVENTS
Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up borrowing costs for Rome and sending investors into safer assets such as U.S. Treasuries.
MSCI’s broadest index of Asia-Pacific shares outside Japan tumbled 1.4 percent, while Japan’s Nikkei average sold off 1.5 percent to a six-week low.
Chinese shares also headed south, with the Shanghai Composite index down 1.4 percent. South Korea’s KOSPI and Australia’s S&P/ASX 200 slipped 2.0 percent and 0.5 percent, respectively.
WORLD MARKETS
For the day the Dow is trading at 24,361.45 with a loss of -1.58% percent or -391.64 point. The S&P 500 is trading at 2,689.86 with a loss of -1.16% percent or -31.47 point. The Nasdaq Composite is trading at 7,396.59 with a loss of -0.50% percent or -37.26 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,018.52 with a loss of -1.52% percent or -339.91 point. Hong Kong’s Hang Seng is trading at 30,012.90 with a loss of -1.55% percent or -471.68 point. China’s Shanghai Composite is trading at 3,041.64 with a loss of -2.53% percent or -78.82 point. India’s BSE Sensex is trading at 34,852.64 with a loss of -0.27% percent or -96.04 point at 12:15 PM.