DAX Futures Morning Update on 23 August

The DAX Futures is trading at 12,373.50  with a loss of  -0.08%  percent or  -10.50 point .The FTSE 100 Futures is trading at 7,572.00  up with +0.17% percent or +13.00 point. The CAC 40 Futures is trading at 5,420.61 up with +0.22% percent or +12.02 point .  The EURO Stoxx 50 Futures is trading at 3,421.00 with 0.00%percent or 0.00 point.


The DAX continues to post slow-but-steady gains this week. Although the index is in the red in the month of August, investor risk appetite has improved since last week, following the announcement that the U.S and China had agreed to hold trade talks, which begin on Wednesday in Washington. This follows months of escalating trade tensions, which have dampened risk appetite. The U.S is unhappy with the Chinese protection of local markets and technology transfers required in order for U.S businesses to operate in China, but it’s questionable if the Chinese will show much flexibility. If the talks show signs of progress, such as the suspension of a $16 billion tariff scheduled to take effect on Wednesday, German stock markets could continue to gain ground.


For the day Germany’s DAX closed at 12,385.70 up with +0.0098% percent or +1.21 point. the FTSE 100 closed at 7,577.83  up with  +0.047% percent or +3.59 point. France’s CAC 40 closed at 5,420.61 up with +0.22% percent or +12.02 point.


For the day the Dow is trading at 25,733.60 with a loss of  -0.34% percent or -88.69 point. The S&P 500 is trading at 2,861.82 with a loss of -0.040% percent or -1.14 point. The Nasdaq Composite is trading at 7,889.10 up with +0.38% percent or +29.92 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,410.82 up with +0.22% percent or +48.27 point. Hong Kong’s Hang Seng is trading at 27,795.10 with a loss of -0.47% percent or  -132.48 point. China’s Shanghai Composite is trading at 2,724.62 up with +0.37% percent or +10.02  point. India’s BSE Sensex is trading at 38,329.75  up with +0.11% percent or  +44.00  point at 12:15 PM.

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