DAX Futures Morning Update on 28 december 2018

The DAX Futures is trading at 10,452.00  with a loss of -0.16% percent or -16.50 point. The FTSE 100 Futures is trading at 6,596.20 up with +0.02% percent or +1.20 point. The CAC 40 Futures is trading at 4,652.50 up with+0.63% percent or +29.00  point. The EURO Stoxx 50 Futures trading at 2,953.50   with a loss of  -0.20% percent or -6.00 point.

TODAY’S FACTORS AND EVENTS

The roller-coaster ride for investors continues in the United States. After massive losses on U.S. equity markets on Monday, the markets bounced back with sharp gains. The spike spread to Asian markets on Thursday but has failed to ignite German markets, which have posted strong declines. The DAX is currently at its lowest level since December 2016 and has plunged 9.2 percent in December. This follows a drop of 6.67% in October, so it’s no surprise that risk appetite has dropped sharply.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 10,381.51  with a loss of -2.37% percent or -252.31 point.the FTSE 100 closed at 6,584.68  with a loss of  -1.52% percent or -101.31 point. France’s CAC  40 closed at 4,598.61  with a loss of – 0.60% percent or -27.77 point. 

WORLD MARKETS

For the day the Dow is trading at 23,138.82  up with +1.14% percent or +260.37 point. The S&P 500 is trading at 2,488.83 up with  +0.86% percent or +21.13 point. The Nasdaq Composite is trading at 6,579.49  up with +0.38% percent or +25.14 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,014.77   with a loss of -0.31% percent or -62.85 point. Hong Kong’s Hang Seng is trading at 25,492.03  up with +0.052% percent or +13.15 point. China’s Shanghai Composite is trading at 2,490.35  up with +0.29% percent or  +7.17 point. India’s BSE Sensex is trading at 36,148.97  with up +0.95% percent or +341.69 point at 12:15 PM.