DAX Futures Morning Update on 03 June 2019

The DAX Futures is trading at 11,646.20  with a loss of -0.49% percent or -57.60 point. The FTSE 100 Futures is trading at 7,120.20  with a loss of  -0.43% percent or -30.80 point. The CAC 40 Futures is trading at 5,150.20  with a loss of -0.67% percent or -34.80 point. The EURO Stoxx 50 Futures trading at 3,254.00 with a loss of -0.55% percent or -18.00 point.

TODAY’S FACTORS AND EVENTS

Is the German locomotive slowing down? The normally strong labor market shocked investors as unemployment rolls soared by 60,000. This was the first gain in almost two years. There was more negative news on Friday, as retail sales fell 2.0%, its sharpest drop since January. German inflation is next, with Preliminary CPI projected to slow to 0.3% in May, after a strong gain of 1.0% in April.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,726.84  with a loss of -1.47% percent or -175.24  point.the FTSE 100 closed at 7,161.71  with a loss of -0.78% percent or -56.45 point. France’s CAC  40 closed at 5,207.63  with a loss of -0.79% percent or -41.28 point. 

WORLD MARKETS

For the day the Dow is trading at 24,815.04 with a loss of -1.41% percent or -354.84 point. The S&P 500 is trading at 2,752.06 with a loss of -1.32% percent or -36.80 point. The Nasdaq Composite is trading at 7,453.15  with a loss of -1.51% percent or -114.57 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,410.88  with a loss of -0.92% percent or -190.31 point. Hong Kong’s Hang Seng is trading at 26,853.49 with a loss of -0.18% percent or -47.60   point. China’s Shanghai Composite is trading at 2,889.21  with a loss of -0.33% percent or -9.49 point. India’s BSE Sensex is trading at 39,987.70  with +0.69% percent or +273.50 point at 12:15 PM.