The DAX Futures is trading at 13,110.00 with a loss of -0.63% percent or -83.50 point. The FTSE 100 Futures is trading at 7,517.80 with a loss of -0.42% percent or -31.70 point. The CAC 40 Futures is trading at 5,998.80 with a loss of -0.62% percent or -37.20 point. The EURO Stoxx 50 Futures trading at 3,734.00 with a loss of -0.53% percent or -20.00 point.

TODAY’S FACTORS AND EVENTS

It was a particularly bearish day for the auto sector. Continental led the way down, sliding by 3.17%. Volkswagen and Continental also saw heavy losses, with the pair falling by 2.66% and by 2.58% respectively. BMW saw a more modest loss of 1.83% on the day.

It was also a bearish day for the banks. Commerzbank fell by 1.78%, with Deutsche Bank sliding by 2.28%.

From the CAC, it was also a bearish day for the banks. BNP Paribas and Soc Gen fell by 1.19% and by 1.01% respectively. Credit Agricole saw a more modest 0.61% loss on the day.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,219.14  with a loss of -1.25% percent or -166.79  point.the FTSE 100 closed at 7,622.40 up with +0.24% percent or +18.10  point. France’s CAC  40 closed at 6,044.16  up with 0.044% percent or +2.67  point.

WORLD MARKETS

For the day the Dow is trading at 28,634.88  with a loss of –0.81% percent or ?233.92 point. The S&P 500 is trading at 3,234.85 with a loss of –0.71% percent or -23.00 point. The Nasdaq Composite is trading at 9,020.77 with a loss of –0.79% percent or 71.42  point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,204.86 with a loss of –1.91% percent or -451.76 point. Hong Kong’s Hang Seng is trading at 28,167.92 with a loss of –1.00% percent or –283.58 point. China’s Shanghai Composite is trading at 3,083.41  with a loss of –0.012% percent or –0.38   point. India’s BSE Sensex is trading at 40,765.85 with a loss of –1.69% percent or –698.76 point at 12:15 PM.