The DAX Futures is trading at 12,613.00 with a loss of -0.15% percent or -19.00 point.The FTSE 100 Futures is trading at 7,187.50 with a loss of -0.14% percent or -10.00 point. The CAC 40 Futures is trading at 5,682.00 with a loss of -0.34% percent or -0.34% point. The EURO Stoxx 50 Futures trading at 3,582.00 with a loss of -0.22% percent or -8.00 point.
TODAY’S FACTORS AND EVENTS
For the DAX: Autos found strong support, with BMW leading the way, rallying by 2.45%. Daimler was also amongst the best performers on the DAX, rallying by 2.26%. Continental and Volkswagen weren’t far behind, with gains of 1.8% and 2.20% respectively.
Bank stocks also found further support. Deutsche Bank rallied by 2.88% to lead the way on the DAX30, while Commerzbank rose by 0.97%
From the CAC, it was also a bullish day for the banks. BNP Paribas and Soc Gen led the way with gains of 3.64% and 2.12% respectively. Credit Agricole saw a more modest rise of 1.51%. For the autos, it was also positive with Renault rising by 1.36%, while Peugeot rallied by 2.85%.
PREVIOUS DAY ACTIVITY
For the day Germany’s DAX closed at 12,636.03 up with +0.049% percent or +6.24 point.the FTSE 100 closed at 7,208.62 with a loss of –0.042% percent or –3.02 point. France’s CAC 40 closed at 5,689.03 with a loss of –0.23% percent or –13.01 point.
For the day the Dow is trading at 27,024.80 up with +0.89% percent or +237.44 point. The S&P 500 is trading at 2,995.68 up with +1.00% percent or +29.53 point. The Nasdaq Composite is trading at 8,148.71 up with +1.24% percent or +100.06 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,472.92 up with +1.20% percent or +265.71 point. Hong Kong’s Hang Seng is trading at 26,628.74 up with +0.47% percent or +124.81 point. China’s Shanghai Composite is trading at 2,978.71 with a loss of –0.41% percent or –12.33 point. India’s BSE Sensex is trading at 38,454.64 with a loss of –0.13% percent or –51.45 point at 12:15 PM.