FTSE 100 contracts trade at pre-pandemic highs

FTSE 100 contracts provided by spread betters are indicating the FTSE 100 will trade at the highest level since the beginning of the pandemic. 

The rise in the FTSE 100 contracts comes a day after the S&P 500 futures hit record highs.

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The gains in global equity futures have been made just as major economies reveal record numbers of coronavirus cases.

Although markets are trading in thin volume, the grind higher in equities suggests the market is now looking past Omicron to the continuation of the recovery in 2022.

The FTSE 100 will open for cash trading again on Wednesday.

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