The DAX Futures is trading at 12,898.30 up with +0.08% or +10.80 point. The FTSE 100 Futures is trading at 6,096.50 up with +0.33% percent or +20.20 point. The CAC 40 Futures is trading at 4,939.50 up with +0.07% percent or +3.50 point.The EURO Stoxx 50 Futures trading at 3,306.00 up with +0.21% percent or +7.00 point.
TODAY’S FACTORS AND EVENTS
the DAX trades with a PE ratio of 15. This is at the upper end of its historical range going back to 2003. Multiples on the DAX collapses fairly sharply in 2009, falling to a low of around 7, from closer to 14 a year earlier, and have since more than doubled. But it has taken over a decade of low bond yields and at least five years of zero-interest rate policy by the European Central Bank for this to happen. Multiples on the S&P doubled in far less time.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,838.66 up with +0.0047% percent or +0.60 point.the FTSE 100 closed at 6,104.88 with a loss of –0.31% percent or –18.94 point. France’s CAC 40 closed at 4,939.62 with a loss of –0.34% percent or –16.81 point.
WORLD MARKETS
For the day the Dow is trading at 26,584.77 up with +0.43% percent or +114.88 point. The S&P 500 is trading at 3,239.41 up with +0.74% percent or +23.78 point. The Nasdaq Composite is trading at 10,536.27 up with +1.67% percent or +173.09 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,657.38 with a loss of –0.26% percent or –58.47 point. Hong Kong’s Hang Seng is trading at 24,721.30 up with +0.48% percent or +118.04 point. China’s Shanghai Composite is trading at 3,228.48 up with +0.73% percent or +23.25 point. India’s BSE Sensex is trading at 38,266.52 up with +0.87% percent or +331.79 point at 12:15 PM.
Rules of Discussion on DAX Futures
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.