DAX Futures Morning Update on 12 March 2019

The DAX Futures is trading at  11,612.20 up with +0.13%  percent or +15.20  point.The FTSE 100 Futures is trading at 7,045.00  with a loss of -1.16% percent or -82.50 point. The CAC 40 Futures is trading at 5,261.50 up with +0.58% percent or +30.50 point.  The EURO Stoxx 50 Futures trading at 3,236.00 up with +0.12% percent or +4.00 point.


The German manufacturing sector continues to post dismal numbers. Industrial production managed only two gains in the second half of 2018 and has started 2019 with a decline. Last week, factory orders plunged 2.6%, marking a third successive decline. The U.S-China trade war has dampened global growth, which has reduced the demand for German exports and weighed on manufacturing. Eurozone manufacturing has also struggled, and the negative trend is likely to continue if there is no breakthrough in the U.S-China trade talks.


For the day Germany’s DAX closed at 11,543.48 up with +0.75% percent or +85.64 point.the FTSE 100 closed at 7,130.62 up with +0.37% percent or +26.31 point. France’s CAC  40 closed at 5,265.96 up with +0.66% percent or +34.75 point. 


For the day the Dow is trading at 25,650.88 with +0.79% percent or +200.64 point. The S&P 500 is trading at 2,783.30 up with +1.47% percent or +40.23 point. The Nasdaq Composite is trading at 7,558.06 up with +2.02% percent or +149.92  point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,503.69  up with +1.79% percent or  +378.60 point. Hong Kong’s Hang Seng is trading at 28,883.59  up with +1.33% percent or +380.29  point. China’s Shanghai Composite is trading at 3,060.31  up with +1.10% percent or +33.31 point. India’s BSE Sensex is trading at 37,393.65  up with +0.92% percent or +339.55 point at 12:15 PM.

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