The DAX Futures is trading at 11,354.30 up with +0.04% percent or +4.80 point.The FTSE 100 Futures is trading at 7,105.50 up with +0.01% percent or +1.00 point. The CAC 40 Futures is trading at 5,074.00 up with +1.51% percent or +75.50 point. The EURO Stoxx 50 Futures trading at 3,205.50 with a loss of -0.09% percent or -3.00 point.
TODAY’S FACTORS AND EVENTS
German numbers continue to sag, raising concerns about the health of the eurozone economy. On Friday, German manufacturing PMI for January dipped to 49.7, below the 50-point level which separates contraction and expansion. This was the weakest score since October 2014. Trade tensions and weakness in the German auto sector continue to weigh on the manufacturing sector. This reading followed a very soft reading from German retail sales, which plunged 4.3% in December. This marked its sharpest decline in more than 12 years.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,411.52 with +0.68% percent or +172.15 point. The S&P 500 is trading at 2,737.70 up with +0.47% percent or +12.83 point. The Nasdaq Composite is trading at 7,402.08 up with +0.74% percent or +54.55 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,874.06 up with +0.14% percent or +29.61 point. Hong Kong’s Hang Seng is trading at 27,990.21 up with +0.21% percent or +59.47 point. China’s Shanghai Composite is trading at 2,618.23 up with +1.30% percent or +33.66 point. India’s BSE Sensex is trading at 36,904.45 up with +0.79% percent or +287.64 point at 12:15 PM.