DAX Futures Morning Update on 29 October

The DAX Futures is trading at 11,119.50  with a loss of -1.68% percent or -190.00 point.The FTSE 100 Futures is trading at 6,884.20  with a loss of -1.29% percent or -89.80 point. The CAC 40 Futures is trading at 4,936.00 with a loss of  –1.85% percent or -93.00 point  The EURO Stoxx 50 Futures trading at 3,108.00  with a loss of  -1.52% percent or -48.00 point.

TODAY’S FACTORS AND EVENTS

Asian equity markets are down on Friday, and European markets have followed suit. Almost all listings on the DAX are in negative territory, and Deutsche Bank (DE:DBKGn) has plunged 4.15%. It’s been a miserable October for the DAX, which has plunged some 9.4 percent. The DAX is hovering close to the 11,000 mark, which has held since December 2017. Investors remained unnerved over a host of crises, both in and out of Europe. These include the Italian budget crisis, the Brexit standoff, US-China relations and the death of a Saudi journalist in Turkey. Soft risk appetite and some disappointing earning reports in Europe and the U.S have sent global stock markets sharply lower.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,155.52   with a loss of -1.33% percent or -82.65 point. the FTSE 100 closed at 6,907.62 with a loss of -1.38% percent or -96.48 point.  France’s CAC 40 closed at 4,955.72 with a loss of -1.52% percent or  -79.25 point. 

WORLD MARKETS

For the day the Dow is trading at 24,984.55 up with +1.63% percent or  +401.13 point. The S&P 500 is trading at 2,705.57 up with +1.86%percent or +49.47 point. The Nasdaq Composite is trading at 7,318.34 up with +2.95% percent or +209.94 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,184.60 with a loss of -0.40% percent or -84.13  point. Hong Kong’s Hang Seng is trading at 24,700.99 with a loss of -1.17% percent or -293.47 point. China’s Shanghai Composite is trading at 2,598.85  with a loss of -0.19% percent or  -4.95 point. India’s BSE Sensex is trading at 33,576.58  with a loss of -0.34% percent or -113.51 point at 12:15 PM.

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