CAC Futures Morning Update on 31 May

The CAC 40 Futures is trading at 5,414.50 up with + 0.13% percent or  +7.00 point . The FTSE 100 Futures is trading at 7,688.50 up with +0.44% percent or +34.00 point. The DAX Futures is trading at 12,787.50 up  with  +0.35% percent or +45.00 point . The EURO Stoxx 50 Futures is trading at 3,440.00 up with +0.53%  percent or     + 18.00 point.

TODAY’S FACTORS AND EVENTS

Asian stocks rebounded from a two-month trough on Thursday and the euro enjoyed a respite after sinking to its lowest in 10 months as the political turmoil in Italy that roiled global financial markets showed signs of easing.

Spreadbetters expected European stocks to open slightly higher, with Britain’s FTSE (FTSE) edging up 0.05 percent, Germany’s DAX (GDAXI) adding 0.1 percent and France’s CAC (FCHI) rising 0.05 percent.

Hong Kong’s Hang Seng (HSI) rose 0.75 percent and the Shanghai Composite Index (SSEC) gained 1.4 percent after news that growth in China’s vast manufacturing sector accelerated strongly and well above forecasts in May to an eight-month high.

PREVIOUS DAY ACTIVITY
 
For the day France’s CAC 40 closed at 5,427.35 with a loss of  -0.20% percent or  -10.70 point. the FTSE 100 closed at 7,705.89 up with +0.21% percent or  +16.32 point.  Germany’s DAX closed at 12,783.76 up with +0.93% percent or  +117.25 point.

WORLD MARKETS

For the day the Dow is trading at 24,667.78 up with +1.26% percent or  +306.33 point. The S&P 500 is trading at 2,724.01 up with +1.27% percent or +34.15 point. The Nasdaq Composite is trading at 77,462.45 up with +0.89% percent or  +65.86 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,201.82 up with +0.83% percent or  +183.30 point. Hong Kong’s Hang Seng is trading at 30,376.72 up with +1.06% percent or +319.93 point. China’s Shanghai Composite is trading at 3,095.47 up with +1.78% percent or  +54.03 point. India’s BSE Sensex is trading at 35,058.88 up  with +0.44% percent or  +152.77  point at 12:15 PM.