The DAX Futures is trading at 10,548.20 up with +0.76% or +79.70 point.The FTSE 100 Futures is trading at 5,815.80 up with +0.44% percent or +25.20 point. The CAC 40 Futures is trading at 4,454.20 up with +2.04% percent or +89.20 point. The EURO Stoxx 50 Futures trading at 2,832.00 up with +0.85% percent or +24.00 point.
TODAY’S FACTORS AND EVENTS
the focus will shift back to the ECB with Chief Lagarde expected to elaborate on the potential implications that the “Too Little Too Late” (in Lagarde’s own words) will have on the ECB. With the ECB already announcing crisis tools, little is expected in the way of new policy measures at this weeks meeting. Particular focus has been on the Bund/BTP spread, which had widened to the highest level since the ECB’s PEPP announcement.
For the day Germany’s DAX closed at 10,336.09 with a loss of -1.69% percent or –177.70 point.the FTSE 100 closed at 5,752.23 with a loss of –1.28% percent or –74.38 point. France’s CAC 40 closed at 4,393.32 with a loss of –1.30% percent or –57.68 point.
For the day the Dow is trading at 23,775.27 with +1.11% percent or +260.01 point. The S&P 500 is trading at 2,836.74 with 1.39% percent or +38.94 point. The Nasdaq Composite is trading at 8,634.52 with 1.65% percent or +139.77 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,783.22 up with +2.71% percent or +521.22 point. Hong Kong’s Hang Seng is trading at 24,271.41 up with +1.85% percent or +440.08 point. China’s Shanghai Composite is trading at 2,815.44 up with +0.25% percent or +6.91 point. India’s BSE Sensex is trading at 32,015.78 with 2.20% percent or +688.56 point at 12:15 PM.