DAX Futures Morning Update on 24 July

The DAX Futures is trading at 12,589.50 up with +0.41% percent or +51.00 point .The FTSE 100 Futures is trading at 7,598.00  with  a loss of -0.26% percent or -19.50 point. The CAC 40 Futures is trading at 5,399.49 up with +0.39% percent or +21.24 point .  The EURO Stoxx 50 Futures is trading at 3,461.00 up with ++0.38% percent or +13.00 point.

TODAY’S FACTORS AND EVENTS

Investors are keeping a close eye on the June service manufacturing PMIs for Germany and the eurozone, which will be released on Tuesday. The manufacturing PMIs have weakened for six straight months – will this continue in June? Although the PMIs continue to show expansion in Germany and the eurozone, the markets remain nervous that the escalating trade war is having a negative impact on the manufacturing sector. If the readings continue to head lower on Tuesday, European equity markets could respond with losses.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,610.35 up with +0.49% percent or +61.78 point. the FTSE 100 closed at 7,662.59 up with +0.089% percent or +6.80 point. France’s CAC 40 closed at 5,402.55 up with +0.45% percent or  +24.30 point. 

WORLD MARKETS

For the day the Dow is trading at 25,044.29 with a loss of -0.055% percent or  -13.83 point. The S&P 500 is trading at 2,806.98  up with +0.18% percent or  +5.15 point. The Nasdaq Composite is trading at 7,841.87 up with +0.28% percent or +21.67 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,510.48 up with +0.51% percent or  +113.49 point. Hong Kong’s Hang Seng is trading at 28,664.00 up with +1.44% percent or +407.88 point. China’s Shanghai Composite is trading at 2,905.56 up with +1.61% percent or  +46.02 point. India’s BSE Sensex is trading at 36,775.90 up with  + 0.16% percent or +57.30  point at 12:15 PM.