The DAX Futures is trading at 10,633.30 up with +1.01% or +106.80 point. The FTSE 100 Futures is trading at 5,842.20 up with +0.19% percent or +11.20 point. The CAC 40 Futures is trading at 4,433.38 with a loss of –1.11%percent or -49.75 point. The EURO Stoxx 50 Futures trading at 2,826.00 up with +0.21% percent or +6.00 point.
TODAY’S FACTORS AND EVENTS
The DAX is not positioned real well here, with it having it hit its head on the underside of the 2011 trend-line and declining quickly after. The current bounce looks like it could result in a lower-high. If this is the case then support around 10200, which was tested numerous times for a couple of weeks last month, will become very pivotal to the outlook. A break below may quickly usher in a move towards 9550/350.
For the day Germany’s DAX closed at 10,606.20 with a loss of -1.15% percent or –123.26 point.the FTSE 100 closed at 5,853.76 up with +0.074% percent or +4.34 point. France’s CAC 40 closed at 4,433.38 with a loss of –1.11%percent or –49.75 point.
For the day the Dow is trading at 23,664.64 with a loss of -0.91% percent or -218.45 point. The S&P 500 is trading at 2,848.42 with a loss of –0.70%percent or -20.02 point. The Nasdaq Composite is trading at 8,854.39 up with 0.51% percent or +45.27 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,674.77 with 0.28% percent or +55.42 point. Hong Kong’s Hang Seng is trading at 23,970.39 with a loss of –0.69% percent or –167.09 point. China’s Shanghai Composite is trading at 2,871.52 with a loss of –0.23% percent or –6.62point. India’s BSE Sensex is trading at 31,508.18 with a loss of –0.56% percent or –177.57 point at 12:15 PM.