The DAX Futures is trading at 13,158.50 with a loss of -0.06% percent or -0.06% point.The FTSE 100 Futures is trading at 7,254.30 up with +0.14% percent or +10.20 point. The CAC 40 Futures is trading at 5,881.00 with a loss of -0.08% percent or –5.00 point. The EURO Stoxx 50 Futures trading at 3,682.00 up with +0.05% percent or +2.00 point.
TODAY’S FACTORS AND EVENTS
For the DAX: It was a bullish day for the auto sector, as the markets responded to news that the December tariffs would likely be delayed. Daimler led the way on the DAX30, rallying by 2.27%, with BMW and Volkswagen also amongst the top 10 performers. BMW and Volkswagen rose by 0.71% and 0.57% respectively. Continental trailed the pack, however, rising by just 0.02% on the day.
It was also a positive day for the banks. Deutsche Bank gained by 1.45%, with Commerzbank up by 1.46%.
From the CAC, it was a mixed day for the banks. Soc Gen and Credit Agricole fell by 0.30% and by 0.16% respectively. BNP Paribas bucked the trend on the day, rising by 0.78%.
It was a bearish session for French Autos, however. Peugeot fell by 0.13%, with Renault down by 0.60% on the day.
For the day Germany’s DAX closed at 13,137.70 with a loss of -0.16% percent or –20.44 point.the FTSE 100 closed at 7,238.55 with a loss of –0.33% percent or -23.94 point. France’s CAC 40 closed at 5,881.21 with a loss of –0.22% percent or –12.82 point.
For the day the Dow is trading at 27,766.29 with a loss of –0.20% percent or –54.80 point. The S&P 500 is trading at 3,103.54 with a loss of –0.16% percent or –4.92 point. The Nasdaq Composite is trading at 8,506.21 with a loss of –0.24% percent or –20.52 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,112.88 up with +0.32% percent or +74.30 point. Hong Kong’s Hang Seng is trading at 26,534.26 up with +0.25% percent or +67.38 point. China’s Shanghai Composite is trading at 2,885.11 with a loss of –0.64% percent or –18.53 point. India’s BSE Sensex is trading at 40,357.00 with a loss of –0.54% percent or –218.17 point at 12:15 PM.