The DAX Futures is trading at 12,081.00 up with +1.05% percent or +125.20 point.The FTSE 100 Futures is trading at 6,688.80 up with +1.02% percent or +67.50 point. The CAC 40 Futures is trading at 5,396.00 up with +1.11% percent or +59.50 point.  The EURO Stoxx 50 Futures trading at 3,380.00 up with +0.54% percent or +18.00 point.

TODAY’S FACTORS AND EVENTS

It was a bearish end to the week for the European majors, as the spread of the coronavirus continued to weigh on market risk appetite.

The DAX30 slid by 3.86% to lead the way down on Today, with the EuroStoxx600 and CAC400 falling by 3.38% and by 3.66% respectively.

Economic data on the day took a back seat, with the increased number of cases in Europe and cases in the U.S spooking the markets.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 11,890.35 with a loss of –3.86% percent or –477.11  point. the FTSE 100 closed at 6,580.61 with a loss of –3.18% percent or –215.79  point.France’s CAC  40 closed at 5,309.90 with a loss of –3.38% percent or –185.69   point.

WORLD MARKETS

For the day the Dow is trading at 25,409.36 with a loss of –1.39% percent or –357.28  point. The S&P 500 is trading at 2,954.22 with a loss of –0.82% 8percent or –24.54 point. The Nasdaq Composite is trading at 8,567.37 with +0.010% percent or +0.89  point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,344.08 up with +0.95% percent or +201.12  point. Hong Kong’s Hang Seng is trading at 26,286.71 up with +0.60% percent or +156.78   point. China’s Shanghai  Composite is trading at 2,970.93 up with +3.15% percent or +90.63  point. India’s BSE Sensex is trading at 38,891.62 up with +1.55% percent or +594.33  point at 12:15 PM.