DAX Futures Morning Update on 29 May.

The DAX Futures is trading at 11,637.20  with a loss of -0.66% or -77.20 point. The FTSE 100 Futures is trading at 6,171.80 with a loss of -0.84% percent or -52.20  point. The CAC 40 Futures is trading at 4,719.80 with a loss of -0.89% percent or -42.20 point. The EURO Stoxx 50 Futures trading at 3,056.00 with a loss of -1.16% percent or -36.00 point.

TODAY’S FACTORS AND EVENTS

Positive momentum shows little signs of easing for the DAX as cyclical stocks outperform defensives. As such, the DAX has now closed the gap from the beginning of March with the index breaking above 61.8% fib at 11592. However, for a push towards 12000, eyes will be on for frugal four support of the proposal, while opposition to the proposal raises the risk of a pullback to 11000.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 11,649.44  with a loss of -1.12%percent or –131.69  point.the FTSE 100 closed at 6,179.43  with a loss of –0.61% percent or38.10 point. France’s CAC  40 closed at 4,722.84 with a loss of –1.02% percent or48.55 point.

WORLD MARKETS

For the day the Dow is trading at 25,400.64 with a loss of -0.58% percent or -147.63 point. The S&P 500 is trading at 3,029.73  with a loss of –0.21% percent or -6.40 point. The Nasdaq Composite is trading at 9,368.99 with a loss of -0.46% percent or -43.37 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 21,877.89 with a loss of –0.18% percent or –38.42 point. Hong Kong’s Hang Seng is trading at 22,973.96  with a loss of –0.69% percent or –158.80 point. China’s Shanghai  Composite is trading at 2,852.35 up with +0.22% percent or +6.13 point. India’s BSE Sensex is trading at 32,113.73 with a loss of -0.27% percent or –83.19 point at 12:15 PM.

You may also like...

Rules of Discussion on DAX Futures Morning Update on 29 May.

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 …