The DAX Futures is trading at 11,196.50 up with +0.50% percent or +55.80 point.The FTSE 100 Futures is trading at 6,764.00 up with +0.11% percent or +7.20 point. The CAC 40 Futures is trading at 4,891.50 up with +0.34% percent or +16.50 point.  The EURO Stoxx 50 Futures trading at 3,135.50 up with +0.42% percent or +13.00 point.


the Aussie flipped on traders after the positive labor data release was offset by news that National Australia Bank Ltd (AX:NAB) – one Australia’s four big banks – is raising interest rates which would make mortgages more expensive and further depress the already slumping housing market.

The Australian jobs report came in at 21.6K versus 16.5K eyed. Although this was another solid jobs report, wages growth is likely to be muted which in turn should keep CPI data contained and RBA firmly in neutral mode for now. All the more reason why the hike in home loan rates reverberated so negatively in the market today with Aussie slipping below the .7100 mark as traders fear that a combination of rising rates and slowing housing demand could ultimately force the RBA to ease further and drive the pair below the key .7000 figure once again.


For the day Germany’s DAX closed at 11,130.18 up with +0.53% percent or +58.64 point.the FTSE 100 closed at 6,818.95 with a loss of -0.35% percent or -23.93 point. France’s CAC  40 closed at 4,871.96 up with +0.65% percent or +31.58 point. 


For the day the Dow is trading at 24,553.24  with a loss of -0.091% percent or -22.38 point. The S&P 500 is trading at 2,642.33 up with +0.14% percent or +3.63 point. The Nasdaq Composite is trading at 7,073.46 up with +0.68% percent or +47.69 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,773.56 up with +0.97% percent or +198.93 point. Hong Kong’s Hang Seng is trading at 27,511.59  up with +1.44% percent or +390.61 point. China’s Shanghai Composite is trading at 2,601.72   up with +0.39% percent or +10.03 point. India’s BSE Sensex is trading at 36,401.17  up with +0.57% percent or +206.07 point at 12:15 PM.