DAX Futures Morning Update on 08 August

The DAX Futures is trading at 12,592.00  with a loss of -0.49% percent or -61.50 point . The FTSE 100 Futures is trading at 7,670.50 up with +0.92% percent or +70.00 point. The CAC 40 Futures is trading at 5,525.53  up with +0.076% percent or +4.22 point . The EURO Stoxx 50 Futures is trading at 3,501.00  with a loss of -0.14% percent or -5.00 point.

TODAY’S FACTORS AND EVENTS

Risk FX popped today on the back of rebound in Chinese shares as the Shanghai Composite Index rose 1.4 percent after investors snapped up shares that were hit hard during a four-day losing run.

The move helped fuel a run in EUR/USD AUD/USD and GBP/USD as the pair rose through the London morning dealing to hit their best levels in a day. EUR/USD rose to a 1.1580 with the bulls eyeing the recapture of the 1.1600 as the pair once again held support at the key 1.1500 level yesterday.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,629.41  with a loss of -0.15%percent or +-18.78 point. the FTSE 100 closed at 7,734.79 up with +0.21% percent or +16.31 point. France’s CAC 40 closed at 5,523.99  up with +0.049% percent or +2.68 point. 

WORLD MARKETS

For the day the Dow is trading at 25,628.91 up with +0.50% percent or +126.73 point. The S&P 500 is trading at 2,858.45 up with +0.28% percent or +8.05 point. The Nasdaq Composite is trading at 7,883.66 up with +0.31% percent or +23.99 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,644.31  with a loss of -0.081% percent or -18.43 point. Hong Kong’s Hang Seng is trading at 28,352.65 up with +0.37% percent or  +103.77 point. China’s Shanghai Composite is trading at 2,744.07 with a loss of -1.27% percent or -35.30  point. India’s BSE Sensex is trading at 37,877.02 up with +0.56% percent or +211.22 point at 12:15 PM.