DAX Futures Morning Update on 28 August

The DAX Futures is trading at 12,569.80 up with +0.23%  percent or  +28.80 point . The FTSE 100 Futures is trading at 7,619.00  up with +0.62% percent or +47.00 point. The CAC 40 Futures is trading at 5,489.50 up with +0.15% percent or +8.00 point . The EURO Stoxx 50 Futures is trading at 3,460.00  up with +0.09% percent or +3.00 point.

TODAY’S FACTORS AND EVENTS

Mexico recorded a trade deficit of USD 2889 million in July of 2018 from a USD 1531 million a year earlier and compared with market expectations of a USD 250 million shortfall. Imports jumped 17.6 percent and exports rose at a slower 14.2 percent.

Year-on-year, imports jumped 17.6 percent to USD 39,610 million in July of 2018. Non-oil purchases increased 13.6 percent to USD 34,696 million, driven by higher purchases of intermediate goods (16.5 percent); capital goods (23.5 percent) and consumer goods (19.7 percent). Oil imports surged 56.8 percent to USD 4,914 million.

PREVIOUS DAY ACTIVITY

 
For the day  Germany’s DAX closed at 12,538.31 up with +1.16% percent or +143.79 point.the FTSE 100 closed at 7,577.49  up with  +0.19% percent or +14.27 point. France’s CAC 40 closed at 5,479.10 up with +0.86% percent or +46.61  point. 

WORLD MARKETS

For the day the Dow is trading at 26,049.64 up with +1.01% percent or +259.29 point. The S&P 500 is trading at 2,896.74 up with +0.77%percent or +22.05 point. The Nasdaq Composite is trading at 8,017.90 up with +0.91% percent or +71.92  point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,813.47 up with +0.061% percent or +13.83 point. Hong Kong’s Hang Seng is trading at 28,344.10 up with +0.26% percent or  +72.83 point. China’s Shanghai Composite is trading at 2,777.98 with a loss of -0.10% percent or -2.92  point. India’s BSE Sensex is trading at 38,874.94  up with +0.47% percent or  +180.83  point at 12:15 PM.