CAC Futures Morning Update on 01 June

The CAC 40 Futures is trading at 5,398.40 with a loss of  -0.53% percent or  -28.94 point . The FTSE 100 Futures is trading at 7,705.00 up with +0.46% percent or +35.00 point.The EURO Stoxx 50 Futures is trading at 3,432.00 up with +0.73%  percent or   + 25.00 point.

TODAY’S FACTORS AND EVENTS

Asian equities recovered from early weakness on Friday as a lower yen supported Japanese stocks and firm exports boosted South Korean markets. Still, rekindled concerns about U.S. trade policies limited regional gains.

Spreadbetters expect European stocks to follow Asia’s firmer tone and have marked in a modest rise of 0.15 percent for Britain’s FTSE (FTSE) and gains of 0.5 percent for Germany’s DAX (GDAXI) and France’s CAC (FCHI).

MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.1 percent but the index was still down roughly 0.6 percent for the week, during which it hit a six-week low on concerns about Italy’s struggle to form a government.

PREVIOUS DAY ACTIVITY
 
For the day  France’s CAC 40 closed at 5,446.95 up with +0.90% percent or +48.55 point. the FTSE 100 closed at 7,725.48 up with +0.62% percent or  +47.28 point.  Germany’s DAX closed at 12,675.21 up with +0.56% percent or  +70.32 point.

WORLD MARKETS

For the day the Dow is trading at 24,415.84  with a loss of  -1.02% percent or -251.94 point. The S&P 500 is trading at 2,705.27 with  a loss of -0.69% percent or -18.74 point. The Nasdaq Composite is trading at 7,442.12  with a loss of -0.27% percent or  -20.34 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,171.35  with a loss of  -0.14% percent or -30.47 point. Hong Kong’s Hang Seng is trading at 30,498.30 up with +0.098% percent or +29.74 point. China’s Shanghai Composite is trading at 3,075.14  with a loss of  -0.66% percent or -20.34 point. India’s BSE Sensex is trading at 35,321.49 with a loss of – 0.0025% percent or  -0.89  point at 12:15 PM.