DAX Futures Morning Update on 06 September

The DAX Futures is trading at 11,992.50  with a loss of -0.40% percent or -48.00 point .The FTSE 100 Futures is trading at 7,362.20 with a loss of  -0.54% percent or -39.80 point. The CAC 40 Futures is trading at 5,253.50 with a loss of -0.17% percent or -9.00 point .  The EURO Stoxx 50 Futures is trading at 3,307.00 with a loss of -0.24% percent or -8.00 point.

TODAY’S FACTORS AND EVENTS

The DAX index has posted losses in the Today session. Currently, the index is at 12,149, down 0.50% on the day. On the release front, Eurozone and German Services PMI reports rose slightly in August. The eurozone release improved to 55.4, matching the forecast. German Services PMI climbed to 55.0, but missed the forecast of 55.2 points. Eurozone retail sales declined 0.2%, missing the estimate of 0.1%. This marked the first decline since January. On Thursday, Germany releases factory orders.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,999.35  with a loss of -0.34% percent or -41.11 point.the FTSE 100 closed at  7,367.17  with a loss of  -0.22% percent or -16.11 point. France’s CAC 40 closed at 5,252.72 with a loss of  -0.14% percent or -7.49 point.

WORLD MARKETS

For the day the Dow is trading at 25,974.99  up with +0.087% percent or +22.51 point. The S&P 500 is trading at 2,888.60  with a loss of -0.28% percent or -8.12 point. The Nasdaq Composite is trading at 7,995.17  with a loss of -1.19% percent or -96.07 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,487.94 with a loss of -0.41% percent or -92.89 point. Hong Kong’s Hang Seng is trading at 26,884.53  with a loss of  -1.32% percent or  -359.32 point. China’s Shanghai Composite is trading at 2,691.59 with a loss of  -0.47% percent or -12.74 point. India’s BSE Sensex is trading at 37,989.36   with a loss of -0.076% percent or  -28.95 point at 12:15 PM.

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