The DAX Futures is trading at 11,399.50  with a loss of -0.62% percent or -71.00  point.The FTSE 100 Futures is trading at 7,057.00  with a loss of  -0.30% percent or -21.50 point. The CAC 40 Futures is trading at 5,014.00  with a loss of -0.51% percent or -25.50 point . The EURO Stoxx 50 Futures trading at 3,195.00  with a loss of -0.65% percent or -21.00  point.


The G-2o summit was a big success as far as the markets were concerned. Investors paid scant attention to the discussions between world leaders, focusing instead on a weekend dinner meeting between President Trump and Chinese President Xi Jinping. Just last week, Trump had threatened to raise tariffs on $200 billion in Chinese products from 10 percent to 25 percent on January 1. However, the tone was optimistic after the meeting, with China receiving a short reprieve. The sides have agreed to continue talks for another 90 days, and the U.S. tariffs will take effect if no agreement is reached. The markets were clearly relieved that the tariff war has de-escalated, and European markets have jumped on Monday, following the lead of Asian markets. At the same time, the U.S. and China remain far apart on resolving the trade war, and the greenback will likely reverse directions unless the parties make substantial progress in the trade dispute, which has shaken the markets and threatens to derail global growth.


For the day Germany’s DAX closed at 11,465.46  up with +1.85% percent or  +208.22 point.the FTSE 100 closed at 7,062.41 up with  +1.18% percent or +82.17 point. France’s CAC 40 closed at 5,053.98 up with +1.00% percent or +50.07 point. 


For the day the Dow is trading at 25,826.43  up with +1.13% percent or +287.97 point. The S&P 500 is trading at 2,790.37 up  with +1.09% percent or +30.20 point. The Nasdaq Composite is trading at 7,441.51  up with +1.51% percent or +110.98 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,036.05 with a loss of -2.39% percent or -538.71 point. Hong Kong’s Hang Seng is trading at 27,169.57   with  a loss of -0.046% percent or -12.47 point. China’s Shanghai Composite is trading at 2,665.96 up with +0.42%  percent or  +11.16 point. India’s BSE Sensex is trading at 36,065.91  with a loss of  -0.47% percent or -170.81 point at 12:15 PM.