FTSE 100 futures holding up best of all right now but an uncertain opening awaits

The European stock markets will soon reopen for live trade and it sure is going to be an extremely uncertain start to the new month across all the major stock markets. The record close for the DAX and the FTSE 100 is not going to hold much water when live trading resumes. The noted slide in the DAX futures has ensured a sharply lower opening shortly. The FTSE 100 futures are in the red too, but right now performing the best of all its European peers. The reason for that is all about Trump and trade tariffs and so far no target on the back of the UK markets. However, as noted in the previous update on the Pound, there is as yet no guarantee that will remain the case. Quite honestly, the last thing the UK economy needs right now is punitive tariffs from the US. The FTSE 100 was priced to reopen as low as 8,525 earlier. It is currently priced to reopen around 8,570. The index set a record daily, weekly and monthly close on Friday, at 8,673.96