DAX Futures Morning Update on 06 June 2019

The DAX Futures is trading at 12,008.00  up with +0.13% percent or +12.00 point.The FTSE 100 Futures is trading at 7,253.50  with +0.61% percent or +44.00 point. The CAC 40 Futures is trading at 5,309.00  with +0.32% percent or +17.01  point.  The EURO Stoxx 50 Futures trading at 3,354.00 with +0.39% percent or +13.00 point.

TODAY’S FACTORS AND EVENTS

The DAX plunged in May, falling by 5.0%. However, the index has rebounded in June, with gains of 2.5% so far this month. The catalyst for the sharp rise this week has been comments from senior Federal Reserve officials supporting a rate cut. In recent months, the Fed has tried to present an aura of neutrality regarding rate moves, but has taken a sharp U-turn this week in favor of an easing bias.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,005.13  up with +0.19% percent or 29.29 point.the FTSE 100 closed at 7,257.75  up with +0.52% percent or +37.53 point. France’s CAC  40 closed at 5,313.27 up with +0.40% percent or +21.28 point.

WORLD MARKETS

For the day the Dow is trading at 25,539.57 up  with +0.82% percent or +207.39 point. The S&P 500 is trading at 2,826.15 up with +0.82% percent or ++22.88  point. The Nasdaq Composite is trading at 7,575.48  up with +0.64% percent or +48.36 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,774.04  with a loss of -0.0099% percent or -2.06 point. Hong Kong’s Hang Seng is trading at 26,948.79 up with +0.20% percent or ++54.49   point. China’s Shanghai Composite is trading at 2,827.80 with a loss of -1.17% percent or -33.62 point. India’s BSE Sensex is trading at 39,730.39  with a loss of -0.88% percent or -353.15  point at 12:15 PM.