DAX Futures Morning Update on 17 december 2018

The DAX Futures is trading at 10,889.50  up with +0.54% percent or +59.00 point.The FTSE 100 Futures is trading at 6,778.80  up with +0.16% percent or +10.80 point. The CAC 40 Futures is trading at 4,848.80 up with  +0.11% percent or +5.30  point.  The EURO Stoxx 50 Futures trading at 3,075.50 up with +0.15% percent or +4.50 point.

TODAY’S FACTORS AND EVENTS

Germany continues to produce weak economic readings, weighing on investor confidence. The manufacturing sector continues to struggle, as Manufacturing PMI for November was the latest in a string of soft manufacturing releases. The global trade war has resulted in higher tariffs on German products, putting a damper on German exports and the manufacturing sector. As the largest economy in the eurozone, a slowdown in Germany is bad news for the entire eurozone, which has struggled in the second half of 2018.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 10,865.77  with a loss of -0.54% percent or -58.93 point. the FTSE 100 closed at 6,845.17  with a loss of -0.47% percent or -32.33 point. France’s CAC  40 closed at 4,853.70  with a loss of -0.88% percent or -43.21 point. 

WORLD MARKETS

For the day the Dow is trading at 24,100.51 with a loss of -2.02% percent or -496.87 point. The S&P 500 is trading at 2,599.95   with a loss of -1.91% percent or -50.59 point. The Nasdaq Composite is trading at 6,910.66  with a loss of -2.26% percent or -159.67 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,506.88  up with +0.62% percent or +132.05 point. Hong Kong’s Hang Seng is trading at 26,106.98   up with +0.047% percent or +12.19 point. China’s Shanghai Composite is trading at 2,597.97  up with +0.16% percent or  +4.23 point. India’s BSE Sensex is trading at  36,193.86 up with +0.64% percent or  +230.93 point at 12:15 PM.