DAX Futures Update : 19 Jan. 2023

The DAX Futures is trading at 115,153.0 with -0.61% percent -93.0 point.The FTSE 100 Futures is trading at 7,779.80 with -0.41% percent or -32.20 point. The CAC 40 Futures is trading at 7,051.50 with -0.47% percent or -33.50 point.  The EURO Stoxx 50 Futures trading at 4,150.00 with -0.72% percent or -30.00 point.




The ZEW Indicator of Economic Sentiment for Germany rose sharply by 40.2 points from a month earlier to +16.9 in January 2023, returning into positive territory for the first time since February and remaining comfortably above market expectations of -15.0. The latest reading suggested the economic outlook for Europe’s largest economy has improved significantly, likely due to a more favorable situation in the energy markets after the German government introduced energy price caps. In addition, export conditions improved after China’s lifted Covid-restrictions, and investors hope that inflation rates will continue to fall. About 41.6 percent of the surveyed analysts predicted an acceleration in economic activity over the coming months, while 33.7 percent of them expected no changes and 24.7 percent expected it to get worse. Meanwhile, the gauge measuring the current economic situation rose slightly by 2.8 points to -58.6


For the day Germany’s DAX closed at 15,181.80 with a loss of -0.035% percent or -5.27  point.the FTSE 100 closed at 7,830.70 with a loss of -0.26% percent or -20.33 point. France’s CAC 40 closed at 7,083.39 with 0.088% percent or +6.23  point.



For the day the Dow is trading at 33,296.96 with a loss of –1.81% percent or -613.89 point. The S&P 500 is trading at 3,928.86 with 1.56% percent or -62.11 point. The Nasdaq Composite is trading at 10,957.01 up with +1.24% percent or +138.10  point.

In other parts of world, Japan’s Nikkei 225 is trading at 26,400.75 with a loss of1.46% percent or -390.37 point. Hong Kong’s Hang Seng is trading at 21,673.14 up with +0.022% ercent or +4.86 point. China’s Shanghai Composite is trading at 3,232.98 with 0.27% percent or +8.58 point. India’s BSE Sensex is trading at 60,925.96 with 0.20% percent or ?119.78 point at 12:15 PM.