DAX Futures Morning Update on 30 January 2019

The DAX Futures is trading at 11,204.80  with a loss of -0.28% percent or -31.70 point. The FTSE 100 Futures is trading at 6,805.00  with a loss of -0.17% percent or -11.90 point. The CAC 40 Futures is trading at 4,930.50 up with +0.91% percent or +44.50 point. The EURO Stoxx 50 Futures trading at 3,144.50  with 0.00% percent or 0.00 point.

TODAY’S FACTORS AND EVENTS

The U.S.-China trade spat will be back in the headlines this week, as Chinese and U.S. officials will hold a second round of talks on Wednesday and Thursday. The stakes are high, as the trade tensions between the two largest economies in the world has taken a toll on the global economy and rocked world equity markets. On Monday, U.S. Treasury Secretary Steven Mnuchin said he expects significant progress in the talks, but warned that the sides would have to tackle “complicated issues”. Tensions between China and the U.S. have escalated in recent weeks, with the U.S. Justice Department filing criminal charges against Huawei, a Chinese technology company. The U.S. is also trying to extradite a senior Huawei executive from Canada

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,218.83 up  with +0.076% percent or +8.52 point.the FTSE 100 closed at 6,833.93 up with +1.29% percent or +86.83 point. France’s CAC  40 closed at 4,928.18  up with  +0.81% percent or +39.61 point. 

WORLD MARKETS

For the day the Dow is trading at 24,579.96  up with +0.21% percent or +51.74 point. The S&P 500 is trading at 2,640.00 with a loss of -0.15% percent or -3.85 point. The Nasdaq Composite is trading at 7,028.29  with a loss of -0.81% percent or -57.39 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,556.54  with a loss of -0.52% percent or -108.10 point. Hong Kong’s Hang Seng is trading at 27,531.88  up with +0.00073% percent or +0.20  point. China’s Shanghai Composite is trading at 2,575.58 with a loss of -0.72% percent or -18.68 point. India’s BSE Sensex is trading at 35,616.37  up with +0.067% percent or +23.87 point at 12:15 PM.