Dax Futures Morning Update on 24 April

UK PRE MARKET

The DAX Futures is trading at 12,612.50 up with +0.15% percent or +18.50 point .The CAC 40 Futures is trading at 5,383.50  up with +0.52% percent or +28.00 point . The FTSE 100 Futures is trading at 7,356.00 up with  +0.64% percent or +47.00 point. The EURO Stoxx 50 Futures is trading at 3,440.00  with 0.00%  percent or 0.00 point.

TODAY’S FACTORS AND EVENTS

The DAX index is steady in the Monday session. Currently, the DAX is trading at 12,547 points, up 0.05% on the day. On the release front, German and eurozone manufacturing PMIs dropped in March, but still pointed to expansion. In the US, Existing Homes is expected to inch up to 5.55 million. On Tuesday, Germany releases Ifo Business Climate

The eurozone manufacturing sector softened in March, as underscored by PMI reports. German Manufacturing PMI dropped from 58.4 to 58.1, but beat the estimate of 57.6 points. Eurozone Manufacturing PMI dropped from 56.6 to 56.1, short of the forecast of 56.6 points. The readings remain well above the 50-point level, which separates expansion and contraction. At the same time, there is some concern as manufacturing activity (and general growth) in the eurozone was stronger earlier the year. If second-quarter numbers soften compared to Q1, the euro could respond with losses.

PREVIOUS DAY ACTIVITY
 
For the day Germany’s DAX closed at 12,572.39 up with +0.25% percent or +31.89 point. the FTSE 100 closed at 7,398.87 up with +0.42% percent or +30.70 point. France’s CAC 40 closed at 5,438.55 up with +0.48% percent or +25.73 point. 

WORLD MARKETS

For the day the Dow is trading at 24,448.69  with a loss of  -0.058% percent or ?14.25 point. The S&P 500 is trading at 2,670.29  up with +0.0056% percent or +0.15 point. The Nasdaq Composite is trading at 7,128.60 with a loss of -0.25% percent or ?17.52 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,278.12 up with +0.86% percent or +190.08  point. Hong Kong’s Hang Seng is trading at 30,511.07 up with +0.85% percent or +256.67  point. China’s Shanghai Composite is trading at 3,120.67 up with +1.72% percent or  +52.66 point. India’s BSE Sensex is trading at 34,575.40 up with +0.36% percent or +124.63  point at 12:15 PM.