DAX Futures Morning Update on 14 October 2019

The DAX Futures is trading at 12,442.50 with a loss of -0.21% percent or -25.60 point.The FTSE 100 Futures is trading at 7,228.20 up with +0.39% percent or +28.20 point. The CAC 40 Futures is trading at 5,641.80 with a loss of -0.33% percent or -18.70 point.  The EURO Stoxx 50 Futures trading at 3,542.00  with 0.00% percent or 0.00 point.

TODAY’S FACTORS AND EVENTS

Goods prices rose 0.6 percent in September, easing from a 1.3 percent rise in the previous month, mainly due to a fall in energy prices (-1.1 percent vs 0.6 percent) and a slowdown in food inflation (1.3 percent vs 2.7 percent). Meantime, prices were markedly up for newspapers and periodicals (5.1 percent), tobacco products (4.3 percent) and new passenger cars (2.4 percent). However, prices of other goods were down, in particular those of consumer electronics (-8.9 percent) and telephones (-5.8 percent).
 
Energy prices fell 1.1 percent in September, after a 0.6 percent rise in August. There were increases in prices of district heating (4.7 percent), natural gas (4.7 percent), and electricity (3.9 percent), while costs fell for heating oil (-10.5 percent), and motor fuels (-6.7 percent).

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,511.65  up with +2.86% percent or +347.45   point.the FTSE 100 closed at 7,247.08 up with +0.84% percent or +60.72 point. France’s CAC  40 closed at 5,665.48 up with +1.73% percent or +96.43 point.

WORLD MARKETS

For the day the Dow is trading at 26,816.59 up with +1.21% percent or +319.92  point. The S&P 500 is trading at 2,970.27 up with +1.09% percent or +32.14 point. The Nasdaq Composite is trading at 8,057.04  up with +1.34% percent or +106.26 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,798.87 up with +1.15% percent or +246.89 point. Hong Kong’s Hang Seng is trading at 26,525.13 up with +0.82% percent or +216.69 point. China’s Shanghai Composite is trading at 3,001.75 up with +0.94% percent or +28.09 point. India’s BSE Sensex is trading at 38,302.96 up with 0.46% percent or +175.88 point at 12:15 PM.