The DAX Futures is trading at 11,941.80 with a loss of -0.30% percent or -36.00 point.The FTSE 100 Futures is trading at 7,367.00 with a loss of -0.11% percent or -8.00 point. The CAC 40 Futures is trading at 5,448.50 with a loss of -0.31% percent or -17.00 point. The EURO Stoxx 50 Futures trading at 3,354.00 with a loss of -0.30% percent or -10.00 point.
TODAY’S FACTORS AND EVENTS
It was an outstanding week for the DAX, which soared 4.2% last week and touched 6-month highs. Risk appetite has climbed, as the U.S. and China continue to move towards a trade agreement. There were reports last week that an agreement between the world’s two largest economies is 90% complete. The outstanding issues include enforcement mechanisms and the removal of trade tariffs. After 9 months of a grueling trade war, positive manufacturing data out of China has also improved investor confidence.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,341.02 with a loss of -0.32% percent or -83.97 point. The S&P 500 is trading at 2,895.77 up with +0.10% percent or +3.03 point. The Nasdaq Composite is trading at 7,953.88 up with +0.19% percent or +15.19 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,802.59 up with +0.19% percent or +40.94 point. Hong Kong’s Hang Seng is trading at 30,120.55 up with +0.14% percent or +43.40 point. China’s Shanghai Composite is trading at 3,234.35 with a loss of -0.32% percent or -10.46 point. India’s BSE Sensex is trading at 38,622.23 with a loss of -0.20% percent or -78.30 point at 12:15 PM.