The DAX Futures is trading at 10,958.50 up with +0.29% percent or +32.00 point.The FTSE 100 Futures is trading at 6,883.80 up with +0.38% percent or +25.80 point. The CAC 40 Futures is trading at 4,893.50 up with +1.99% percent or +95.50 point. The EURO Stoxx 50 Futures trading at 3,112.00 up with +0.42% percent or +13.00 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
WORLD MARKETS
For the day the Dow is trading at 24,527.27 with +0.64% percent or +157.03 point. The S&P 500 is trading at 2,651.07 up with +0.54% percent or +14.29 point. The Nasdaq Composite is trading at 7,098.31 up with +0.95% percent or +66.48 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,816.19 up with +0.99% percent or +213.44 point. Hong Kong’s Hang Seng is trading at 26,465.96 up with +1.07% percent or +279.25 point. China’s Shanghai Composite is trading at 2,634.05 up with +1.23% percent or +31.90 point. India’s BSE Sensex is trading at 35,947.98 up with +0.47% percent or +168.91 point at 12:15 PM.
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