The DAX Futures is trading at 12,530.50 with  a loss of -0.09% percent or -11.50 point . The FTSE 100 Futures is trading at 7,621.50   with a loss of  -0.14% percent or  -11.00 point. The CAC 40 Futures is trading at 5,408.19 up with +0.19% percent or +10.08 point . The EURO Stoxx 50 Futures is trading at 3,453.00 with a loss of -0.12% percent or -4.00 point.


German industrial numbers looked sharp last week. On Thursday, Factory Ordersjumped 2.6%, marking a five-month high. This was followed by Industrial Productionon Friday, which climbed 2.6%, its sharpest gain in 2018. There is growing concern that protectionist moves by both the US and the EU could take a toll on exports and the manufacturing sectors, so these strong readings are welcome news. Meanwhile, trade tensions between China and the US remain high as US tariffs on $34 billion in Chinese products took effect on Friday and China has vowed to retaliate against US imports. European officials are anxiously watching these developments, as Trump has threatened to impose tariffs of 20 percent on European auto imports if the EU does not remove their tariffs on US automobiles. The EU would clearly prefer not to engage in a full-blown tariff war with the United States and on Thursday, there was a report that European officials are examining the possibility of a tariff-cutting agreement between the world’s largest car exporters. Such a deal would be a major accomplishment and would likely boost European stock markets.


For the day Germany’s DAX closed at 12,547.13 up with +0.026% percent or +3.24 point.the FTSE 100 closed at 7,678.88 with  a loss of -0.12% percent or -9.11 point. France’s CAC 40 closed at 5,407.91  up with +0.18% percent or +9.80 point. 


For the day the Dow is trading at 24,776.59 up with +1.31% percent or +320.11 point. The S&P 500 is trading at 2,784.17 up with +0.88% percent or +24.35 point. The Nasdaq Composite is trading at 7,756.20 up with +0.88% percent or  +67.81 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,196.89 up with +0.66% percent or +144.71 point. Hong Kong’s Hang Seng is trading at 28,682.25  with a loss of -0.022% percent or  -6.25 point. China’s Shanghai Composite is trading at 2,827.63 up with +0.44% percent or +12.52 point. India’s BSE Sensex is trading at 36,188.89 up with +0.71% percent or  +254.17 point at 12:15 PM.