CAC Futures Morning Update on 04 July

The CAC 40 Futures is trading at 5,314.45  with a loss of -0.043% percent or -2.31 point .The FTSE 100 Futures is trading at 7,510.00  with a loss of -0.16% percent or  -12.00 point.  The DAX Futures is trading at 12,302.50  with  a loss of -0.25% percent or -30.50 point . The EURO Stoxx 50 Futures is trading at 3,398.00 up with +0.03% percent or +1.00 point.

TODAY’S FACTORS AND EVENTS

Asian stocks slipped on Wednesday on heightened anxieties about Sino-U.S. trade tensions ahead Washington’s end-of-week deadline to impose tariffs on Chinese imports while the yuan rebounded after China’s central bank moved to calm nervous investors.

European shares are expected to follow suit, with spread-betters expecting a fall of 0.2 percent in Germany’s DAX and 0.1 percent in Britain’s FTSE and France’s CAC.

“Global tensions are ratcheting higher by the day, fuelled by the foolish policies of foolish leaders,” warned Saxo Bank chief economist Steen Jakobsen in a quarterly outlook.

For the day France’s CAC 40 closed at 5,315.99  with a loss of  -0.014% percent or  -0.77 point.the FTSE 100 closed at 7,577.16 with a loss of  -0.21% percent or  -16.13 point.  Germany’s DAX closed at 12,324.37  with a loss of – 0.20% percent or -24.77 point.

WORLD MARKETS

For the day the Dow is trading at 24,174.82 with  a loss of -0.54% percent or  -132.36 point. The S&P 500 is trading at 2,713.22  with a loss of -0.49% percent or -13.49 point. The Nasdaq Composite is trading at 7,502.6  with  a loss of -0.86% percent or -65.01 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,717.04 with a loss of -0.31% percent or -68.50 point. Hong Kong’s Hang Seng is trading at 28,267.71 with a loss of -0.97% percent or -277.86 point. China’s Shanghai Composite is trading at 2,759.13  with a loss of -1.00% percent or -27.76 point. India’s BSE Sensex is trading at 35,524.31 up with +0.41% percent or +145.71 point at 12:15 PM.