The DAX Futures is trading at 11,591.50 up with +0.11% percent or +13.00 point.The FTSE 100 Futures is trading at 7,023.00 up with +0.46% percent or +32.00 point. The CAC 40 Futures is trading at 5,126.20 up with +0.64% percent or +32.70 point The EURO Stoxx 50 Futures trading at 3,207.00 up with +0.12% percent or +4.00 point.
TODAY’S FACTORS AND EVENTS
erasing much of the losses seen on Wednesday. Currently, the index is at 11,744, up 0.24% on the day. On the inflation front, German WPI German WPI edged up to 0.4%, matching the estimate. This was the strongest gain in three months. In Brussels, EU leaders are meeting for a second day.
Brexit is a key topic on the agenda at the EU summit, but it’s unlikely that the leaders will issue a draft statement on Brexit, due to the impasse in negotiations. The European leaders sounded pessimistic about reaching a deal, unless Theresa May brings fresh proposals to the table. With only five months until Britain departs the EU, the likelihood of a no-deal scenario is very real. France has published a draft bill that allows the government to impose custom inspections and visa requirements on British visitors, in the event that no deal is reached.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,379.45 with a loss of -1.27% percent or -327.23 point. The S&P 500 is trading at 2,768.78 with a loss of -1.44% percent or -40.43 point. The Nasdaq Composite is trading at 7,485.14 with a loss of -2.06% percent or -157.56 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,532.08 with a loss of -0.56% percent or -126.08 point. Hong Kong’s Hang Seng is trading at 25,605.96 up with +0.59% percent or +151.41 point. China’s Shanghai Composite is trading at 2,550.46 up with +2.58% percent or +64.05 point. India’s BSE Sensex is trading at 34,426.32 with a loss of -1.02% percent or -353.26 point at 12:15 PM.