The DAX Futures is trading at 11,948.00 with a loss of -0.04% percent or -5.00 point.The FTSE 100 Futures is trading at 7,233.50 up with +0.19% percent or +13.40 point. The CAC 40 Futures is trading at 5,480.80 with a loss of -0.22% percent or -12.00 point. The EURO Stoxx 50 Futures trading at 3,428.00 with a loss of -0.12% percent or -4.00 point.
TODAY’S FACTORS AND EVENTS
The inflation rate in Germany is expected to ease to 1.4 percent year-on-year in August 2019 from a three-month high of 1.7 percent in the previous month, missing market expectations of 1.5 percent, a preliminary estimate showed.
Goods prices are set to increase 1.3 percent in August, easing from a 1.8 percent rise in the previous month, mainly due to a slowdown in energy inflation (0.6 percent vs 2.4 percent). Meanwhile, food prices should advance 2.7 percent, faster than 2.1 percent in July.
Services inflation is likely to pick up to 1.6 percent from 1.5 percent, with rents prices advancing 1.3 percent (vs 1.4 percent in July).
PREVIOUS DAY ACTIVITY
For the day Germany’s DAX closed at 11,949.39 up with +0.13% percent or +13.30 point.the FTSE 100 closed at 7,232.80 up with +0.36% percent or +25.62 point. France’s CAC 40 closed at 5,480.48 up with +0.56% percent or +30.51 point.
WORLD MARKETS
For the day the Dow is trading at 26,403.28 up with +1.41% percent or +367.18 point. The S&P 500 is trading at 2,926.46 up with +0.064% percent or +1.88 point. The Nasdaq Composite is trading at 7,962.88 with a loss of –0.13% percent or –10.51 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,620.19 with a loss of –0.41% percent or –84.18 point. Hong Kong’s Hang Seng is trading at 25,591.89 with a loss of –0.52% percent or –132.84point. China’s Shanghai Composite is trading at 2,924.11 up with +1.31% percent or +37.87 point. India’s BSE Sensex is trading at 37,332.79 up with +0.71% percent or +263.86 point at 12:15 PM.