DAX Futures Morning Update on 04 October

The DAX Futures is trading at 12,234.00  with  a loss of -0.29% percent or -35.00 point . The FTSE 100 Futures is trading at 7,456.80  with a loss of  -0.22% percent or -16.20 point. The CAC 40 Futures is trading at 5,468.50  with a loss of  -0.36% percent or -20.00 point . The EURO Stoxx 50 Futures is trading at 3,382.00   with a loss of -0.56% percent or -19.00 point.

TODAY’S FACTORS AND EVENTS

The German and Eurozone services PMIs continued to show expansion in September. German Services PMI climbed from 55.0 to 55.9 points. This reading was the strongest since February, but missed the forecast of 56.5 points. Eurozone Services PMI improved to 54.7, matching the forecast. The news was less rosy from Eurozone retail sales, which posted a decline of 0.2% for a second straight month.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,287.58  with a loss of– 0.42% percent or -51.45 point.France’s CAC 40 closed at 5,491.40 up with +0.43% percent or +23.51 point.the FTSE 100 closed at 7,486.21 with a loss of  -0.32% percent or  -23.82 point.

WORLD MARKETS

For the day the Dow is trading at 26,828.39  up with +0.20% percent or +54.45 point. The S&P 500 is trading at 2,925.51 up with +0.071% percent or +2.08 point. The Nasdaq Composite is trading at 8,025.08  up with +0.32% percent or +25.54 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,975.62  with  a loss of -0.56% percent or -135.34 point. Hong Kong’s Hang Seng is trading at 26,635.39  with  a loss of -1.68% percent or -455.87 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 35,357.91 with a loss of – 1.72% percent or -70.09 point at 12:15 PM.

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