The DAX Futures is trading at 11,470.80  up with +0.04% percent or +4.80 point.The FTSE 100 Futures is trading at 7,083.50  with a loss of -1.04% percent or -74.50 point. The CAC 40 Futures is trading at 5,214.80  with a loss of -0.29% percent or -15.20 point.  The EURO Stoxx 50 Futures trading at 3,269.50  up with +0.08% percent or +2.50 point.

TODAY’S FACTORS AND EVENTS

Draghi’s comments are extremely prescient given that Brexit is now just a month from happening. Furthermore, he delivered the speech in a country where eurosceptic tensions have been rising recently. This is reflected in the two anti-establishment parties currently sharing power in a coalition government.

There have also been significant wins for the far-right in regional elections. This is raising concerns about the upcoming European Parliament elections this year and the potential for the far right to gain further political standing.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,480.93  with a loss of -0.21% percent or -24.46 point. the FTSE 100 closed at 7,107.82   with a loss of -1.06% percent or -75.92 point. France’s CAC  40 closed at 5,215.90  with a loss of -0.30% percent or -15.94 point. 

WORLD MARKETS

For the day the Dow is trading at 26,091.95 up with +0.23% percent or +60.14 point. The S&P 500 is trading at 2,796.11 up with  +0.12% percent or +3.44 point. The Nasdaq Composite is trading at 7,554.46 up with +0.36% percent or +26.92 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,449.39  with a loss of -0.37% percent or ?78.84 point. Hong Kong’s Hang Seng is trading at 28,772.06   with a loss of -0.65% percent or -187.24 point. China’s Shanghai Composite is trading at 2,941.52 with a loss of -0.67% percent or -19.77 point. India’s BSE Sensex is trading at 35,973.71 with a loss of -0.66% percent or -239.67 point at 12:15 PM.