DAX Futures Morning Update on 10 May 2019

The DAX Futures is trading at 12,090.50  up with +0.04% percent or +4.50 point. The FTSE 100 Futures is trading at 7,218.30  up with +0.91% percent or +64.80 point. The CAC 40 Futures is trading at 5,355.50 up with +0.88% percent or +46.50 point. The EURO Stoxx 50 Futures trading at 3,342.00 with 0.00% percent or 0.00 point.

TODAY’S FACTORS AND EVENTS

The German trade surplus narrowed to EUR 22.7 billion in March 2019 from EUR 24.6 billion in the same month a year earlier, as imports expanded 4.5 percent from a year earlier to EUR 95.6 billion while exports grew at a softer 1.9 percent to EUR 118.3 billion. On a seasonally adjusted basis, the trade surplus rose to EUR 20 billion in March from EUR 18.7 billion in February and beating market consensus of a surplus of EUR 18.2 billion. Exports grew unexpectedly by 1.5 percent, beating expectations of a 0.3 percent decline; while imports went up 0.4 percent, and slightly lower than market consensus of a 0.5 percent rise. Balance of Trade in Germany averaged 5266.77 EUR Million from 1950 until 2019, reaching an all time high of 25455.63 EUR Million in March of 2016 and a record low of -535.91 EUR Million in April of 1991.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,100.79 up with +1.05% percent or +1.05% point. the FTSE 100 closed at 7,258.23 up with +0.71% percent or +50.82 point. France’s CAC  40 closed at 5,360.92  up with +0.90% percent or +47.77 point. 

WORLD MARKETS

For the day the Dow is trading at 25,828.36  with a loss of -0.54% percent or -138.97    point. The S&P 500 is trading at 2,870.72 with a loss of -0.30% percent or -8.70 point. The Nasdaq Composite is trading at 7,910.59  wilth  a loss of -0.41% percent or -32.73 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,344.92 with a loss of -0.27% percent or -57.21 point. Hong Kong’s Hang Seng is trading at 28,601.84 up with +1.03% percent or +290.77   point. China’s Shanghai Composite is trading at 2,939.21 up with +3.10% percent or +88.26 point. India’s BSE Sensex is trading at 37,579.03 up with +0.054% percent or +20.12 point at 12:15 PM.