DAX Futures Morning Update on 18 September

The DAX Futures is trading at 12,090.50  with  a loss of -0.08% percent or -10.00 point . The FTSE 100 Futures is trading at 7,255.50 up with  +0.39% percent or  +28.50 point. The CAC 40 Futures is trading at 5,344.00 up with +0.48% percent or +25.50 point . The EURO Stoxx 50 Futures is trading at 3,330.00 with  a loss of -0.03% percent or -1.00 point.

TODAY’S FACTORS AND EVENTS

Germany’s annual inflation rate was confirmed at 2 percent in August 2018, unchanged from the previous month. Prices of services and food rose at a softer pace while energy inflation went up further.

Prices of goods rose by 2.7 percent in August, compared with a 2.4 percent rise in the previous month, as energy prices rose further while food inflation slowed slightly. Prices also increased for beers (5.1 percent), newspapers and periodicals (4.5 percent), and tobacco products (3.2 percent). However, prices were down for consumer electronics (-4.8 percent).

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,096.41  with a loss of  -0.23% percent or -27.92 point. the FTSE 100 closed at  7,284.02 with  a loss of 0-.25% percent or  -18.08 point. France’s CAC 40 closed at 5,348.87  with a loss of -0.069% percent or -3.70 point. 

WORLD MARKETS

For the day the Dow is trading at 26,062.12  with a loss of -0.35% percent or -92.55 point. The S&P 500 is trading at 2,888.80   with  a loss of -0.56% percent or -16.18 point. The Nasdaq Composite is trading at 7,895.79  with a loss of -1.43%percent or 1-14.25 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,420.54  up with +1.41% percent or +325.87 point. Hong Kong’s Hang Seng is trading at 27,073.57  up with +0.52% percent or  +140.72  point. China’s Shanghai Composite is trading at 2,699.95  up with +1.82% percent or  +48.16 point. India’s BSE Sensex is trading at 37,543.18 with a loss of -0.11%  percent or – 42.33  point at 12:15 PM.