The DAX Futures is trading at 13,445.00 up with +0.22% percent or +29.50 point.The FTSE 100 Futures is trading at 7,582.00 up with +0.25% percent or +19.20 point. The CAC 40 Futures is trading at 6,032.50 up with +0.25% percent or +15.00 point.  The EURO Stoxx 50 Futures trading at 3,760.00 up with +0.27% percent or +10.00 point.

TODAY’S FACTORS AND EVENTS

It was a bearish day for the auto sector. BMW, Daimler, and Volkswagen fell by 1.52%, 2.48% and by 1.51% respectively. Continental saw a more modest 0.37% loss on the day.

It was also a bearish day for the banks, with Commerzbank and Deutsche Bank sliding by 3.94% and by 2.04% respectively.

From the CAC, it was also a bearish day for the banks. BNP Paribas slid by 2.32%, with Credit Agricole and Soc Gen falling by 1.2% and 1.54% respectively.

Things were not much better for the French auto sector. Peugeot and Renault fell by 2.63% and by 1.23% respectively.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,432.30 with a loss of -0.18% percent or -24.19  point.the FTSE 100 closed at ,7,642.80 up with +0.27% percent or +20.45  point. France’s CAC  40 closed at 6,032.61 with a loss of –0.14% percent or –8.28 point.

WORLD MARKETS

For the day the Dow is trading at 29,030.22 up with +0.31% percent or +90.55  point. The S&P 500 is trading at 3,289.29 up with +0.19% percent or +6.14 point. The Nasdaq Composite is trading at 9,258.70 up with  +0.080% percent or +7.37 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,933.13 up with 0.069% percent or +16.55  point. Hong Kong’s Hang Seng is trading at 28,802.64 up with 0.10%+ percent or +29.05  point. China’s Shanghai Composite is trading at 3,074.08 with a loss of –0.52% percent or –15.96 point. India’s BSE Sensex is trading at 41,847.25 with a loss of –0.061% percent or –25.48 point at 12:15 PM.