DAX Futures Morning Update on 14 Feb. 2020

The DAX Futures is trading at 13,762.80 up with +0.17% percent or +22.80 point. The FTSE 100 Futures is trading at 7,405.20  up with +0.14% percent or +10.20 point. The CAC 40 Futures is trading at 6,094.50 up with +0.16% percent or +10.00 point. The EURO Stoxx 50 Futures trading at 3,844.00 with a loss of +0.16% percent or +6.00 point.

TODAY’S FACTORS AND EVENTS

it was a bearish day for the auto sector on Thursday after having seen particularly strong gains on Wednesday. BMW and Daimler led the way down, with losses of 1.65% and 1.58% respectively. Continental and Volkswagen saw more modest losses of 0.39% and 0.91% respectively.

While the WHO managed to calm the nerves across the global equity markets, China’s Association of Automobile Manufacturers released the latest sales figures and warned that the virus will deliver a huge shock to the car industry.

The latest figures showed an 18% slump in car sales to China in January, year-on-year. It was the 19th consecutive fall in car sales.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,745.43  with a loss of –0.032% percent or ?4.35  point.the FTSE 100 closed at 7,452.03 with a loss of –1.09% percent or –82.34 point. France’s CAC  40 closed at 6,093.14 with a loss of 0.19% percent or –11.58  point.

WORLD MARKETS

For the day the Dow is trading at 29,423.31 with a loss of –0.43% percent or –128.11   point. The S&P 500 is trading at 3,373.94  with a loss of –0.16% percent or –5.51 point. The Nasdaq Composite is trading at 9,711.97 with a loss of –0.14% percent or –13.99 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,687.59 with a loss of –0.59% percent or –140.14 point. Hong Kong’s Hang Seng is trading at 27,838.31 up with +0.39% percent or +104.14 point. China’s Shanghai Composite is trading at 2,917.01 up with +0.38% percent or  +10.93 point. India’s BSE Sensex is trading at 41,411.18 with a loss of –0.12% percent or –48.61 point at 12:15 PM.

You may also like...

Rules of Discussion on DAX Futures Morning Update on 14 Feb. 2020

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Loading comments …