DAX Futures Morning Update on 20 July

The DAX Futures is trading at 12,663.50  with a loss of -0.11% percent or -13.50 point . The FTSE 100 Futures is trading at 7,637.50 up with +0.26% percent or +20.00 point. The CAC 40 Futures is trading at 5,407.82 with a loss of  -0.17% percent or  -9.25 point . The EURO Stoxx 50 Futures is trading at 3,461.00  with a loss of -0.06% percent or -2.00 point.

TODAY’S FACTORS AND EVENTS

Fed Reserve Chair Jerome Powell reaffirmed his positive outlook on the US economy in testimony before the Senate Banking Committee earlier this week. Powell said that he expected the labor market to remain tight and inflation to stay close to the Fed’s target of 2 percent for the next several years. Powell added that the Fed would continue to gradually raise interest rates. Lawmakers appeared satisfied with current monetary policy, but Powell did face some pointed questions regarding the escalating trade war, which has raised concerns that economy could take a downturn if the tariff battles continue.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,668.92  with a loss of -0.14%percent or +17.37 point. the FTSE 100 closed at 7,699.27 up with +0.20% percent or +15.30 point. France’s CAC 40 closed at 5,404.85 with a loss of -0.23% percent or -12.22 point.

WORLD MARKETS

For the day the Dow is trading at 25,064.50 with a loss of -0.53% percent or  -134.79 point. The S&P 500 is trading at 2,804.49  with a loss of -0.40% percent or -11.13 point. The Nasdaq Composite is trading at 7,825.30  with a loss of -0.37% percent or  -29.15 point.

In other parts of world, Japan’s Nikkei 225 is trading at22,697.88 with a loss of -0.29% percent or -66.80 point. Hong Kong’s Hang Seng is trading at 28,223.93 up with +0.76% percent or +213.07 point. China’s Shanghai Composite is trading at 2,829.27 up with +2.05% percent or  +56.73 point. India’s BSE Sensex is trading at 36,457.64 up with  + 0.29% percent or +103.70  point at 12:15 PM.

You may also like...

Rules of Discussion on DAX Futures Morning Update on 20 July

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean