DAX Futures Morning Update on 09 July 2019

The DAX Futures is trading at 12,440.50  with a loss of -0.41% percent or -51.60 point.The FTSE 100 Futures is trading at 7,478.80 with a loss of -0.16% percent or -11.70 point. The CAC 40 Futures is trading at 5,572.56  with a loss of -0.30% percent or -16.63 point.  The EURO Stoxx 50 Futures trading at 3,504.00 with a loss of  -0.23% percent or -8.00 point.

TODAY’S FACTORS AND EVENTS

The German trade surplus widened slightly to EUR 20.6 billion in May 2019 from EUR 20.0 billion in the same month a year earlier.

Exports increased by 4.5 percent year-on-year to EUR 113.9 billion in May. Sales to the EU grew by 0.6 percent to EUR 66.1 billion, of which Euro area (3.8 percent to EUR 42.3 billion) and non-Euro area countries (-4.8 percent to EUR 23.8 billion). In addition, exports to countries outside the EU jumped 10.4 percent to EUR 47.9 billion.

Imports rose by 4.9 percent to EUR 93.4 billion. Purchases from the EU went up 4.7 percent to EUR 54.2 billion, of which Euro area (8.7 percent to EUR 35.8 billion) and non-Euro area countries (-2.3 percent to EUR 18.4 billion). Also, imports from countries outside the EU rose 5.1 percent to EUR 39.2 billion

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,465.93 with a loss of -0.61% percent or -77.06 point.the FTSE 100 closed at 7,545.29   with a loss of -0.053% percent or -3.98 point. France’s CAC  40 closed at 5,579.67  with a loss of -0.17% percent or -9.52 point.

WORLD MARKETS

For the day the Dow is trading at 26,806.14  with a loss of -0.43% percent or -115.98 point. The S&P 500 is trading at 2,975.95 with a loss of -0.48% percent or -14.46 point. The Nasdaq Composite is trading at 8,098.38 with a loss of -0.78% percent or -63.41 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,565.15 up with +0.14% percent or +30.80 point. Hong Kong’s Hang Seng is trading at 28,120.78 with a loss of -0.74% percent or -210.91 point. China’s Shanghai Composite is trading at 2,928.23  with a loss of -0.18% percent or -5.13 point. India’s BSE Sensex is trading at 38,699.99  with a loss of -0.053% percent or -20.40 point at 12:15 PM.