The DAX Futures is trading at 12,103.80 up with +0.42% percent or +51.10 point. The FTSE 100 Futures is trading at 7,364.50 up with +0.30% percent or +21.70 point. The CAC 40 Futures is trading at 5,369.20 up with +0.41% percent or +21.70 point. The EURO Stoxx 50 Futures trading at 3,386.00 up with +0.42% percent or +14.00 point.
TODAY’S FACTORS AND EVENTS
The DAX has resumed its upward movement which marked the early part of the week. Currently, the index is at 12,035, up 0.69% on the day. In economic news, German numbers were a disappointment. Industrial production declined 1.9%, much weaker than the estimate of -0.4%. Germany’s trade surplus narrowed to EUR17.0 billion in April, below the estimate of EUR 18.7 billion. This marked the lowest surplus since July 2018. In the U.S., investors await the release of nonfarm payrolls, with the markets braced for a soft reading of 177 thousand.
PREVIOUS DAY ACTIVITY
For the day Germany’s DAX closed at 12,045.38 up with +0.77% percent or +92.24 point.the FTSE 100 closed at 7,361.18 up with +0.40% percent or +29.24 point. France’s CAC 40 closed at 5,364.05 up with +1.62% percent or +85.63 point.
WORLD MARKETS
For the day the Dow is trading at 25,983.94 up with +1.02% percent or +263.28 point. The S&P 500 is trading at 2,873.34 up with +1.05% percent or +29.85 point. The Nasdaq Composite is trading at 7,742.10 up with +1.66% percent or +126.55 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,134.42 up with +1.20% percent or +249.71 point. Hong Kong’s Hang Seng is trading at 27,531.86 up with +2.10% percent or +566.58 point. China’s Shanghai Composite is trading at 2,852.13 up with +0.86% percent or +24.33 point. India’s BSE Sensex is trading at 39,670.32 up with +0.14% percent or +54.42 point at 12:15 PM.
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