CAC Futures Morning Update on 21 August

The CAC 40 Futures is trading at 5,379.65  up with +0.65% percent or +34.72 point . The FTSE 100 Futures is trading at 7,566.80  with a loss of -0.20% percent or  -15.20 point. The DAX Futures is trading at 12,312.50  with a loss of  -0.14% percent or  -17.50 point . The EURO Stoxx 50 Futures is trading at 3,355.00  with a loss of -0.15% percent or  -5.00 point.

TODAY’S FACTORS AND EVENTS

Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar.

Spreadbetters expected European stocks to open slightly lower, with Britain’s FTSE (FTSE) dipping 0.25 percent, Germany’s DAX (GDAXI) shedding 0.05 percent and France’s CAC (FCHI) losing 0.1 percent.

In an interview with Reuters on Monday, President Donald Trump said that China was manipulating its currency to make up for having to pay tariffs imposed by Washington on some imports from China. This kept global trade conflict concerns alive and dented some of the market optimism ahead of upcoming U.S.-China trade talks.

PREVIOUS DAY ACTIVITY

 
For the day France’s CAC 40 closed at 5,379.65 up with +0.65% percent or +34.72 point. the FTSE 100 closed at 7,591.26 up with +0.43% percent or +32.67 point. Germany’s DAX closed at 12,331.30 up with +0.99% percent or +120.75 point.

WORLD MARKETS

For the day the Dow is trading at 25,758.69 up  with +0.35% percent or +89.37 point. The S&P 500 is trading at 2,857.05  up with +0.24% percent or +6.92 point. The Nasdaq Composite is trading at 7,774.12 up with +0.060% percent or +4.68 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,219.73 up with +0.093% percent or +20.73 point. Hong Kong’s Hang Seng is trading at 27,681.15 up with +0.30% percent or +83.13 point. China’s Shanghai Composite is trading at 2,734.23 up with +1.33% percent or  +35.76  point. India’s BSE Sensex is trading at 38,263.51  with a loss of -0.040% percent or -15.24 point at 12:15 PM.