The DAX Futures is trading at 11,351.50  with  a loss of  -0.22% percent or -25.00 point.The FTSE 100 Futures is trading at 7,014.80 with a loss of -0.36% percent or -25.20 point. The CAC 40 Futures is trading at 5,021.00 with a loss of -0.25% percent or -12.50 point . The EURO Stoxx 50 Futures trading at 3,182.00  with 0.00% percent or 0.00 point.


The DAX has had a dismal week, posting losses of 1.80 percent. Risk appetite soured this week after Germany reported that GDP in the third quarter had declined 0.2%, marking the first contraction in GDP since 2015. German officials put a spin on the weak release, saying that the contraction was largely due to weakness in the auto sector as a result of new pollution standards. In truth, it’s likely that the skid is also due to the global trade war, which has also resulted in U.S. tariffs on European products. Another alarm signal is weak investor confidence. German ZEW Economic Sentiment posted a second straight soft release for November, with a reading of -24.1 points. This points to deep pessimism on the part of institutional investors and analysts. The ZEW added that investors did not expect a rapid recovery from the current weakness, and if is the prevailing sentiment among investors, more headwinds could be in store for European equity markets.


For the day Germany’s DAX closed at 11,341.00  with a loss of -0.11% percent or  -12.67 point. the FTSE 100 closed at 7,013.88   with a loss of -0.34% percent or -24.13 point. France’s CAC 40 closed at 5,025.20  with a loss of -0.17% percent or -8.42 point. 


For the day the Dow is trading at 25,413.22 up with +0.49% percent or  +123.95 point. The S&P 500 is trading at 2,736.27 up with +0.22% percent or +6.07 point. The Nasdaq Composite is trading at 7,247.87  with a loss of -0.15% percent or -11.16   point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,821.16 up  with +0.65% percent or +140.82 point. Hong Kong’s Hang Seng is trading at 26,339.23 up with +0.59% percent or +155.70 point. China’s Shanghai Composite is trading at 2,703.51 up with +0.91% percent or  +24.40 point. India’s BSE Sensex is trading at 35,595.48 up with +0.39% percent or +138.32 point at 12:15 PM.