DAX Futures Morning Update on 21 August

The DAX Futures is trading at 12,312.50  with a loss of  -0.14% percent or  -17.50 point .The FTSE 100 Futures is trading at 7,566.80  with a loss of -0.20% percent or  -15.20 point. The CAC 40 Futures is trading at 5,379.65  up with +0.65% percent or +34.72 point .  The EURO Stoxx 50 Futures is trading at 3,355.00  with a loss of -0.15% percent or  -5.00 point.

TODAY’S FACTORS AND EVENTS

Prices of goods rose at a softer 2.4 percent in July, compared with 2.8 percent in the previous month, as food inflation slowed while energy prices rose further. Prices also increased for newspapers and periodicals (4.8 percent), beer (4.0 percent) and tobacco products (3.5 percent). However, prices were down for consumer electronics (-5.5 percent), information processing equipment (-4.2 percent), clothing (-2.0 percent).

Cost of food and non-alcoholic beverages rose 2.5 percent, following a 3.2 percent increase in June. Price increases were observed for all categories, especially edible fats and oils (6.4 percent), of which fruit (5.5 percent); dairy products and eggs (4.0 percent), and vegetables (3.1 percent).The FTSE 100 suffered a fifth consecutive day of decline as the emerging markets sell-off intensified and copper prices plunged into a bear market.

Slowing Chinese growth, the rising safe haven appeal of the dollar, trade war worries and an emerging markets wobble combined to send the blue chip index sliding to a four-month low.

PREVIOUS DAY ACTIVITY

 
For the day  Germany’s DAX closed at 12,331.30 up with +0.99% percent or +120.75 point.the FTSE 100 closed at 7,591.26 up with +0.43% percent or +32.67 point. France’s CAC 40 closed at 5,379.65 up with +0.65% percent or +34.72 point. 

WORLD MARKETS

For the day the Dow is trading at 25,758.69 up  with +0.35% percent or +89.37 point. The S&P 500 is trading at 2,857.05  up with +0.24% percent or +6.92 point. The Nasdaq Composite is trading at 7,774.12 up with +0.060% percent or +4.68 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,219.73 up with +0.093% percent or +20.73 point. Hong Kong’s Hang Seng is trading at 27,681.15 up with +0.30% percent or +83.13 point. China’s Shanghai Composite is trading at 2,734.23 up with +1.33% percent or  +35.76  point. India’s BSE Sensex is trading at 38,263.51  with a loss of -0.040% percent or -15.24 point at 12:15 PM.

You may also like...

Rules of Discussion on DAX Futures Morning Update on 21 August

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