DAX Futures Morning Update on 14 November 2019

DAX Futures is trading at 13,208.00 with a loss of -0.30% percent or -40.40 point.The FTSE 100 Futures is trading at 7,327.50  with a loss of -0.09% percent or -6.50 point. The CAC 40 Futures is trading at 5,907.09 with a loss of –0.21% percent or –12.66 point. The The EURO Stoxx 50 Futures trading at 3,690.00  with a loss of -0.11% percent or -4.00  point.

TODAY’S FACTORS AND EVENTS

For the DAX: It was a bearish day for the auto sector, as the markets responded to Trump’s comments on trade. Continental led the way down, sliding by a further 2.23%, with BMW (-1.29%) and Volkswagen (-0.86%) also seeing heavy losses. Daimler saw a more modest 0.67% loss to avoid the bottom 10.

It was no better for the banks on the day. Deutsche Bank slid by 4.14%, while Commerzbank tumbled by 6.14%.

From the CAC, bank stocks also saw red. Soc Gen led the way, sliding by 2.10%. Credit Agricole and BNP Paribas fell by 1.92% and 1.42% respectively.

It was also a bad day for the autos. Peugeot fell by 2.10%, with Renault down by 1.78%.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,230.07  with a loss of -0.40%percent or -53.44   point. the FTSE 100 closed at 7,351.21 with a loss of –0.19% percent or  -14.23 point. France’s CAC  40 closed at 5,907.09 with a loss of –0.21%  percent or –12.66 point.

WORLD MARKETS

For the day the Dow is trading at 27,783.59 up with +0.33% percent or +92.10 point. The S&P 500 is trading at 3,094.04 up with +0.071% percent or +2.20 point. The Nasdaq Composite is trading at 8,482.10  with a loss of –0.047% percent or –3.99 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,141.55 with a loss of –0.76% percent or –178.32 point. Hong Kong’s Hang Seng is trading at 26,303.71 with a loss of –1.01% percent or –267.75 point. China’s Shanghai Composite is trading at 2,909.87 up with +0.16% percent or +4.63   point. India’s BSE Sensex is trading at 40,121.17 up with +0.017% percent or +6.93 point at 12:15 PM.

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