DAX Futures Morning Update on 15 November

The DAX Futures is trading at 11,417.50 up with +0.16% percent or +18.50 point. The FTSE 100 Futures is trading at 7,067.80 up with  +0.78% percent or +54.80 point. The CAC 40 Futures is trading at 5,059.50 with a loss of -0.18% percent or -9.00 point .The EURO Stoxx 50 Futures trading at 3,197.00  with 0.00% percent or 0.00 point.


The DAX index is almost unchanged in the Wednesday session, continuing the gains seen on Tuesday. Currently, the DAX is trading at 11,465, down 0.06% since the close on Tuesday. In economic news, German Preliminary GDP in the third quarter declined 0.2%, missing the estimate of -0.1%. Eurozone GDP dipped to 0.2%, matching the estimate. On Thursday, the eurozone releases trade balance

The drama over the Italian budget continues on Wednesday, after Rome defiantly ignored a EU deadline on Tuesday to revise its budget. The government said it would stick to its deficit target of 2.4% and a growth forecast of 1.5%, which the EU argues breaches its fiscal rules. With the ball in the EU court, what happens next? The EU could respond with financial sanctions worth billions. The markets have already responded on Wednesday with a thumbs-down, as Italian bonds have climbed sharply and the Milan stock exchange is down one percent.


For the day Germany’s DAX closed at 11,443.19 up with +0.27% percent or  +30.66 point. the FTSE 100 closed at 7,058.47 up with +0.35% percent or +24.68 point. France’s CAC 40 closed at 5,077.46 up with +0.17% percent or  +8.61 point.


For the day the Dow is trading at 25,080.50 with a loss of –0.81% percent or  –205.99 point. The S&P 500 is trading at 2,701.58 with a loss of –0.76% percent or –20.60 point. The Nasdaq Composite is trading at 7,136.39 with a loss of –0.90% percent or –64.48 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,803.62 with a loss of –0.20% percent or –42.86 point. Hong Kong’s Hang Seng is trading at 26,103.34 up with +1.75% percent or +448.91 point. China’s Shanghai Composite is trading at 2,668.17 up with + 1.36% percent or  +35.93 point. India’s BSE Sensex is trading at 35,273.10 up with +0.37% percent or +131.11 point at 12:15 PM.

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