DAX Futures Morning Update on 11 September

The DAX Futures is trading at 12,004.50  up with +0.11% percent or +13.00 point . The FTSE 100 Futures is trading at 7,263.00 with a loss of  -0.25% percent or -18.00 point. The CAC 40 Futures is trading at 5,278.20 up with +0.04% percent or +2.20 point . The EURO Stoxx 50 Futures is trading at 3,314.00 up with +0.09% percent or +3.00 point.

TODAY’S FACTORS AND EVENTS

The German trade surplus fell to EUR 16.5 billion in July 2018 from EUR 18.8 billion in the same month a year earlier. It was the smallest trade surplus since January 2017, as imports jumped 12 percent to an all-time high while exports rose at a softer 7.6 percent.

Imports of goods increased by 12 percent from a year earlier to an all-time high of EUR 94.5 billion in July, mainly boosted by purchases from the EU (10.9 percent to EUR 53.7 billion), of which Euro area countries (14.1 percent to EUR 36.1 billion) and other European countries (4.8 percent to EUR 17.6 billion). In addition, imports from countries outside the EU rose by 13.6 percent to EUR 40.8 billion.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,986.34 up with +0.22% percent or +24.54 point. the FTSE 100 closed at  7,272.53 with a loss of  -0.093% percent or -6.77  point. France’s CAC 40 closed at 5,269.63 up with +0.33% percent or +17.42 point. 

WORLD MARKETS

For the day the Dow is trading at 25,857.07 with a loss of -0.23% percent or -59.47 point. The S&P 500 is trading at 2,877.13   up with +0.19% percent or +5.45 point. The Nasdaq Composite is trading at 7,924.16 up  with +0.27% percent or +21.62 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,664.69 up with +1.30% percent or +291.60 point. Hong Kong’s Hang Seng is trading at 26,477.66   with a loss of  -0.51% percent or  ?135.76 point. China’s Shanghai Composite is trading at 2,664.80  with  a loss of -0.18% percent or ?4.68 point. India’s BSE Sensex is trading at 37,874.62 with a loss of  0.13%  percent or  ?47.55 point at 12:15 PM.