The DAX Futures is trading at 12,117.50 up with +0.51% percent or +61.50 point . The FTSE 100 Futures is trading at 77,317.50 up with +0.38% percent or +27.50 point. The CAC 40 Futures is trading at 5,355.80 up with +0.27% percent or +14.30 point . The EURO Stoxx 50 Futures is trading at 3,348.00 up with +0.39% percent or +13.00 point.
TODAY’S FACTORS AND EVENTS
Prices of goods rose by 2.7 percent in August, compared with a 2.4 percent rise in the previous month, as energy prices rose further while food inflation slowed slightly. Prices also increased for beers (5.1 percent), newspapers and periodicals (4.5 percent), and tobacco products (3.2 percent). However, prices were down for consumer electronics (-4.8 percent).
Cost of food and non-alcoholic beverages went up 2.4 percent, following a 2.5 percent increase in July. Price increases were observed for edible fats and oils (3 percent), fruit (4.7 percent); dairy products and eggs (4 percent), and vegetables (3.5 percent).
Energy prices went up 6.9 percent, after a 6.6 percent rise in a month earlier. Prices increased mainly for: heating oil (29.7 percent); motor fuels (12.4 percent); electricity (1.0 percent); and charges for central and district heating (2 percent). In contrast, gas prices dropped 1.5 percent.
PREVIOUS DAY ACTIVITY
For the day Germany’s DAX closed at 12,108.53 up with +0.44% percent or +52.98 point.the FTSE 100 closed at 7,321.07 up with +0.54% percent or +39.50 point. France’s CAC 40 closed at 5,351.17 up with +0.43% percent or +23.05 point. WORLD MARKETS
For the day the Dow is trading at 26,145.99 up with +0.57% percent or +147.07 point. The S&P 500 is trading at 2,904.18 up with +0.53% percent or +15.26 point. The Nasdaq Composite is trading at 8,013.71 up with +0.75% percent or +59.48 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,094.67 up with +1.20% percent or +273.35 point. Hong Kong’s Hang Seng is trading at 27,303.83 up with +1.07% percent or +289.34 point. China’s Shanghai Composite is trading at 2,681.64 with a loss of -0.18% percent or ?4.94 point. India’s BSE Sensex is trading at 38,011.53 up with +0.78% percent or +293.57 point at 12:15 PM.
