The DAX Futures is trading at 12,745.80  up with +0.99% or +125.20 point.The FTSE 100 Futures is trading at 6,346.50 up with +0.20% percent or +12.50  point.The CAC 40 Futures is trading  at 5,136.20 up with +0.85% percent or +43.20point.The EURO Stoxx 50 Futures trading at 3,344.00 up with +0.75% percent or +25.00 point.

TODAY’S FACTORS AND EVENTS

the DAX has had a pause for breath with the index coming under pressure throughout the European morning. Consequently, this has opened up the doors to support at 12450 (76.4% Fibonacci retracement), which will provide the first opportunity as whether dips buyers will keep the index afloat. Failure to hold could raise downside risks of a 200DMA (12120) touch before the 12000 level.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 12,617.99 with a loss of -1.57% percent or –201.60 point.the FTSE 100 closed at 6,371.70 up  with +0.57% percent or +35.98 point. France’s CAC  40 closed at 5,095.11 with a loss of –1.55% percent or –80.40  point.

WORLD MARKETS

For the day the Dow is trading at 27,272.30 with a loss of -1.09% percent or -300.14 point. The S&P 500 is trading at 3,207.18 with a loss of –0.78%percent or -25.21 point. The Nasdaq Composite is trading at 9,953.75 up with +0.29% percent or +29.01  point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,124.95  with +0.15% percent or +33.92 point. Hong Kong’s Hang Seng is trading at 25,083.13  up with +0.10% percent or +25.91 point. China’s Shanghai  Composite is trading at 2,943.75  with a loss of –0.42% percent or –12.36 point. India’s BSE Sensex is trading at 34,203.75 up with +0.73% percent or +247.06  point at 12:15 PM.