Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
DAX set to open modestly lower this morning
Yesterday, the major European stock markets enjoyed a decent start to the new week, as they all closed higher on the day. The best performer in percentage terms was the DAX. The index closed 0.79% higher, compared to gains for the CAC 40 of 0.72% and 0.41% for the FTSE 100. The DAX closed 143 points higher, at 18,318. However, the rather tepid US closes last night has pushed the DAX futures a little lower this morning and right now the index is priced to reopen lower, currently around 18,270. Of course that outlook might change over the next hour or so, but there is a lack of traction so far this morning
Market News
All News-
Dissecting the US data as US stock futures fall- check out the Nasdaq 100 futures right now
Following on from the previous update, noting the fall in US Q1 flash GDP at the same time as prices have risen, here is some more colour and opinion...
-
US flash Q1 GDP falls and core PCE prices rise more than forecast- USD/JPY rises and falls
The very important US Q1 GDP estimate and core PCE price index have just been released. The flash estimate for Q1 GDP has shown a fall of 0.3% . That...
-
US April ADP report misses estimates rising by only 62k- S+P 500 futures slip
The April US ADP private payroll report has just been released. As noted here earlier, the markets were looking for a lower number this month around...
