|Day's Range||11,635.88 - 11,712.36|
|52 Week Range||10,279.20 - 13,204.31|
Dan Kemp, chief investment officer for EMEA at Morningstar, says developed markets are offering better value for investors than emerging markets.
Investors confused by the ups and downs of trade negotiations between the U.S. and China seek alternative investment strategies. Yahoo Finance's Julie Hyman, Adam Shapiro, Tendayi Kapfide, Lending Tree Chief Economist and Stuart Kaiser, UBS Cross-Asset Macro Strategist discuss.
DAX index likely to trade range bound on mixed cues influenced by headlines which has inspired cautious investor sentiment.
The pan-European Stoxx 600 was up around 0.1 percent during mid-morning deals, with most sectors and major bourses in positive territory. Deutsche Bank and Commerzbank surged to the top of the European benchmark Monday morning. It comes after Germany's largest lenders confirmed they were in merger talks over the weekend.
Dax index is likely to trade positive as investor sentiment shows a positive tone and healthy appetite for risk assets on favorable updates in relation to geopolitical events.
Asian stocks advanced on Friday as sentiment improved on a report that U.S.-China trade talks were making progress and after UK lawmakers voted to delay a potentially chaotic exit from the European Union. Spreadbetters expected a higher open for European stocks, with Britain's FTSE gaining 0.2 percent and Germany's DAX and France's CAC each adding 0.15 percent. Chinese Vice Premier Liu He spoke by telephone with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, with the two sides making further substantive progress on trade talks, Xinhua news agency said on Friday.
Dax index is expected to trade positively supported by risk on investor sentiment in European markets and positive cues from international markets.
European market shows a high level of cautious investor sentiment owing to Brexit woes while cues from international market also show a dovish tone. This suggests that DAX index is likely to open in red and trade with bearish bias across the day.
Multiple positive factors underpin market bulls and are expected to support positive price action of DAX in today’s market.
Asian shares inched up on Monday as Chinese markets rebounded on hopes of more policy support for the slowing economy, but surprisingly weak U.S. employment data raised doubts about the strength of the global economy and limited gains. European shares were seen rising, with spread-betters expecting Britain's FTSE to rise 0.7 percent, France's CAC 0.6 percent and Germany's DAX 0.5 percent. China's blue-chip CSI300 index gained 1.3 percent after Friday's 4.0 percent fall, which was triggered after CITIC Securities issued a rare "sell" rating on a major insurer and by a clampdown on grey-market, margin financing.
European stocks notched up their biggest weekly fall since December on Friday, extending losses as weak China and German data and poor U.S. jobs numbers tightened bears' grip on the market, underscoring worries about a global economic slowdown. Euro-zone bank stocks extended Thursday's fall after the European Central Bank cut its growth forecasts and pushed out an interest rate hike. Basic resources fell 1.7 percent and autos stocks tumbled 1.3 percent after China reported its biggest drop in exports in three years and German industrial orders unexpectedly fell.
Following yesterday’s dovish ECB update which still weighs down investor sentiment and a basket of other major dovish factors from international market DAX is likely to trade in red across the day today.
Investors are still digesting an announcement from the European Central Bank (ECB) Thursday. President Mario Draghi announced a fresh round of loans to boost lending in euro zone banks and, thus, stimulate the real economy. Stocks in Europe fell during Friday's session as investors continue to digest news of further stimulus in the euro zone.
DAX Index to open dovish on cautious investor sentiment but the outcome of ECB press conference and MPC update to provide directional bias.
Asian shares eased on Thursday, as investors showed caution over the outlook for global growth as they awaited the outcome of Sino-U.S. trade negotiations, while the euro remained under pressure ahead of the European Central Bank meeting. MSCI's broadest index of Asia-Pacific shares outside Japan edged 0.3 percent lower on Thursday, yet hovering not far from its five-month high marked last week, and was up 10 percent year-to-date. Japan's Nikkei average fell 0.7 percent.
The European Central Bank announced fresh long term loans on Thursday. President Draghi will address the press at 1.30 p.m. London time. There is also strong focus on politics. The Italian government said it is looking to join the Chinese Belt and Road initiative and the future of Brexit is still uncertain.
Lack of details on Sino-U.S. trade talks, dovish proceeding in Brexit talks and mixed cues from Asian market are likely to pressure DAX into subdued price action with slight bearish bias.
Investors awaited details on negotiations between Washington and Beijing. U.S. Secretary of State Mike Pompeo said Monday he thought Washington and Beijing were "on the cusp" of reaching a deal. There is also a strong focus on the Chinese economy, after Beijing lowered its growth target for 2019.
Asian stocks held their ground on Wednesday as Chinese equities rallied on stimulus hopes, although a resurgence in regional tensions capped broader gains with North Korea opting to restore part of a missile test site it had began dismantling earlier. Spreadbetters expected European stocks to open slightly lower following a dip on Wall Street, with Britain's FTSE falling 0.15 percent, Germany's DAX dipping 0.1 percent and France's CAC losing 0.15 percent. Hong Kong's Hang Seng added 0.1 percent and Australian stocks advanced 0.75 percent as mining stocks climbed on the prospect of increased Chinese stimulus.