The DAX Futures is trading at 11,309.80 with a loss of -0.14% percent or -16.20 point.The FTSE 100 Futures is trading at 7,191.80 with a loss of -0.15% percent or -10.60 point. The CAC 40 Futures is trading at 5,157.20 with a loss of -0.06% percent or -3.00 point. The EURO Stoxx 50 Futures trading at 3,242.50 with a loss of -0.02% percent or -0.50 point.
TODAY’S FACTORS AND EVENTS
The German economy stalled in the fourth quarter of 2018, missing market expectations of a 0.1 percent growth and following a 0.2 percent contraction in the July-September period, which was the first time GDP shrank since 2015. Positive contributions came from fixed investment, household consumption and government spending, while net foreign demand gave no contribution to growth. GDP Growth Rate in Germany averaged 0.51 percent from 1970 until 2018, reaching an all time high of 4 percent in the second quarter of 1970 and a record low of -4.50 percent in the first quarter of 2009.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,883.25 up with +1.33% percent or +339.98 point. The S&P 500 is trading at 2,775.60 up with +1.09% percent or +29.87 point. The Nasdaq Composite is trading at 7,472.41 up with +0.61% percent or +45.46 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,281.85 up with +1.82% percent or +381.22 point. Hong Kong’s Hang Seng is trading at 28,357.86 up with +1.64% percent or +457.02 point. China’s Shanghai Composite is trading at 2,754.36 up with +2.68% percent or +71.97 point. India’s BSE Sensex is trading at 35,643.57 with a loss of -0.46% percent or -165.38 point at 12:15 PM.