The DAX Futures is trading at 12,363.80 with a loss of -0.46% percent or -57.70 point.The FTSE 100 Futures is trading at 7,646.80 up with +0.17% percent or +13.30 point. The CAC 40 Futures is trading at 5,597.51 with a loss of -0.064% percent or -3.59 point. The EURO Stoxx 50 Futures trading at 3,512.00 with a loss of -0.23% percent or -8.00 point.
TODAY’S FACTORS AND EVENTS
Shifting focus to Europe, the German DAX 30 has a relatively quiet week ahead. Last week, an ECB meeting that missed market expectations saw the Index plummet beneath support as the central bank signaled easing would occur not at present, but down the line. Given the corresponding reaction in the S&P 500 and other equity markets after the ECB meeting – and their positive correlation – it would be safe to assume the DAX will look closely to the price action of the S&P 500 and FTSE 100 during the week.
PREVIOUS DAY ACTIVITY
For the day Germany’s DAX closed at 12,398.68 with a loss of -0.15% percent or -20.26 point. the FTSE 100 closed at 7,702.36 up with +0.20% percent or +15.75 point. France’s CAC 40 closed at 5,603.16 up with +0.037% percent or +2.06 point.
For the day the Dow is trading at 27,221.35 up with +0.11% percent or +28.90 point. The S&P 500 is trading at 3,020.97 with a loss of -0.16% percent or -4.89 point. The Nasdaq Composite is trading at 8,293.33 with a loss of -0.44% percent or -36.88 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,709.31 with a loss of -0.43% percent or -92.51 point. Hong Kong’s Hang Seng is trading at 28,182.77 up with +0.27% percent or +76.36 point. China’s Shanghai Composite is trading at 2,952.34 up with +0.39% percent or +11.33 point. India’s BSE Sensex is trading at 37,768.79 up with +0.22% percent or +82.42 point at 12:15 PM.