DAX Futures Morning Update on 12 december 2018

The DAX Futures is trading at 10,890.50 up with +1.06% percent or +114.00 point.The FTSE 100 Futures is trading at 6,869.20 up with +0.81% percent or +55.20 point. The CAC 40 Futures is trading at 4,808.50 up with +1.56% percent or +74.00  point.  The EURO Stoxx 50 Futures trading at 3,077.50 up with +0.77% percent or +23.50 point.

TODAY’S FACTORS AND EVENTS

A bit of positive news on the trade war front was enough to spark a rally on global equity markets. Following reports on Tuesday that U.S and Chinese negotiators had spoken by phone, investor risk appetite jumped higher. The DAX has climbed over 1 percent on Tuesday, led by banking and automaker stocks. Bayerische Motoren Werke AG (MI:BMW) and Daimler AG NA O.N. (DE:DAIGn) are more than 2 percent higher, while Volkswagen (DE:VOWG_p) has surged almost 4 percent. As well, Deutsche Bank (DE:DBKGn) has gained 2.6 percent.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 10,780.51 up with +1.49% percent or  +158.44 point.the FTSE 100 closed at 6,806.94  up with +1.27% percent or +85.40 point. France’s CAC  40 closed at 4,806.20 up with +1.35% percent or +63.82 point.

WORLD MARKETS

For the day the Dow is trading at 24,370.24 with a loss of -0.22% percent or -53.02  point. The S&P 500 is trading at 2,636.78 with a loss of -0.036% percent or -0.94 point. The Nasdaq Composite is trading at 7,031.83 up with +0.16% percent or +11.31 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,602.75 up with +2.15% percent or +454.73 point. Hong Kong’s Hang Seng is trading at 26,196.90  up with +1.65% percent or +425.23 point. China’s Shanghai Composite is trading at 2,603.84 up with +0.38% percent or  +9.75  point. India’s BSE Sensex is trading at  35,527.58 up with +1.07% percent or  +377.57 point at 12:15 PM.

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