The DAX Futures is trading at 11,938.80 with a loss of -0.39% percent or -46.40 point. The FTSE 100 Futures is trading at 7,314.80 with a loss of -0.36% percent or -26.20 point. The CAC 40 Futures is trading at 5,452.80 with a loss of -0.18% percent or -9.70 point. The EURO Stoxx 50 Futures trading at 3,350.00 with a loss of -0.30% percent or -10.00 point.
TODAY’S FACTORS AND EVENTS
The DAX continues to climb and is on track on to post an eighth straight winning session. In North American trade, the DAX is at 11,915, up 0.99% on the day. The DAX is on an impressive roll, soaring 4.6% since March 25. In economic news, the focus is on the service sector. German and eurozone services PMIs indicated expansion and beat their estimates. Eurozone retail sales slowed to 0.4%, but managed to beat the forecast of 0.2%. On Thursday, the ECB posts the minutes of its March meeting and the U.S. releases unemployment claims.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 26,218.13 up with +0.15% percent or +39.00 point. The S&P 500 is trading at 2,873.40 up with +0.21% percent or +6.16 point. The Nasdaq Composite is trading at 7,895.55 up with +0.60% percent or +46.86 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,724.95 up with +0.054% percent or +11.74 point. Hong Kong’s Hang Seng is trading at 29,837.35 with a loss of -0.50% percent or -149.04 point. China’s Shanghai Composite is trading at 3,237.38 up with +0.66% percent or +21.09 point. India’s BSE Sensex is trading at 38,766.49 up with +0.28% percent or +110.63 point at 12:15 PM.