The DAX Futures is trading at 12,219.50 with a loss of -0.88% percent or -108.50 point .The FTSE 100 Futures is trading at 7,420.00 with a loss of -0.50% percent or-37.00 point. The CAC 40 Futures is trading at 5,461.50 with a loss of -0.49% percent or -27.00 point . The EURO Stoxx 50 Futures is trading at 3,369.00 with a loss of -0.94% percent or -32.00 point.
TODAY’S FACTORS AND EVENTS
European equity markets have lost ground on Friday, led by Italian markets which are sharply lower. Investors reacted negatively after the Italian government approved a controversial budget on Thursday, which aims for a budget deficit in 2019 of 2.4% of GDP. This number could move higher as the budget is debated in parliament. Although EU guidelines allow a deficit of 3%, Brussels will be nervously following the budget. The markets were hoping that Italy’s budget deficit would be around 2%, and Brussels will be nervously following the budget. As well, investors could lose confidence in Italian government bonds, which could weigh further on risk appetite.
PREVIOUS DAY ACTIVITY

WORLD MARKETS
For the day the Dow is trading at 26,651.21 up with +0.73% percent or +192.90 point. The S&P 500 is trading at 2,924.59 up with +0.36% percent or +10.61 point. The Nasdaq Composite is trading at 8,037.30 with a loss of -0.11% percent or -9.05 point.
In other parts of world, Japan’s Nikkei 225 is trading at 24,270.62 up with +0.10% percent or +24.86 point. Hong Kong’s Hang Seng is trading at 27,113.60 with a loss of -2.43% percent or -674.92 point. China’s Shanghai Composite is trading at 2,821.35 up with +1.06% percent or +29.58 point. India’s BSE Sensex is trading at 36,526.14 up with +0.83% percent or +299.00 point at 12:15 PM.
Rules of Discussion on DAX Futures
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.