DAX Futures Morning Update on 13 July

The DAX Futures is trading at 12,560.50 up with + 0.66% percent or  +82.00 point . The FTSE 100 Futures is trading at 7,652.00  up with +0.78% percent or +59.00 point. The CAC 40 Futures is trading at 5,434.50 up with  +0.53% percent or  +28.61 point . The EURO Stoxx 50 Futures is trading at 3,454.00 up with +0.47% percent or +16.00point.

TODAY’S FACTORS AND EVENTS

Trade tensions between the US and its trading partners continue, keeping investors uneasy. Although the equality markets have reacted negatively to the trade tariffs, the overall impact on the markets has been muted. German markets, for example, have posted gains in July. The US and China imposed tariffs on each other of some $30 billion, the Trump administration has raised the ante, threatening to hit China with further tariffs on $200 billion worth of Chinese goods. China cannot retaliate in kind, since it does not import that amount of goods from the US. Still, the Chinese can take steps, such as making it more difficult for US companies to do business in China, or lowering the value of the Chinese yuan.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,567.03 up with +0.59% percent or +74.06 point.the FTSE 100 closed at 7,706.92 up with +0.73% percent or  +55.59 point. France’s CAC 40 closed at 5,436.71  up with +0.57% percent or +30.82 point.

WORLD MARKETS

For the day the Dow is trading at 24,924.89 up with +0.91% percent or +224.44 point. The S&P 500 is trading at 2,798.29  up with +0.87% percent or +24.27 point. The Nasdaq Composite is trading at 7,823.92 up with +1.39% percent or +107.30 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,597.35 up with +1.85% percent or +409.39 point. Hong Kong’s Hang Seng is trading at 28,523.76 up with +0.15% percent or +42.93 point. China’s Shanghai Composite is trading at 2,831.18  with  a loss of -0.23% percent or -6.48 point. India’s BSE Sensex is trading at 36,626.79 up with +0.21% percent or  +78.38 point at 12:15 PM.