The DAX Futures is trading at 12,861.00 with a loss of -0.50% or -64.10 point.The FTSE 100 Futures is trading at 6,080.20 with a loss of -0.76% percent or -46.80 point. The CAC 40 Futures is trading at 4,945.80 with a loss of -0.49% percent or -24.20 point. The EURO Stoxx 50 Futures trading at 3,286.00 with a loss of -0.60% percent or -20.00 point.
TODAY’S FACTORS AND EVENTS
Its been another night of risk on trades with equities firmly up by more than 50 basis points while high beta currencies rose as well.
The newsflow was very quiet with no progress in Washington on stimulus talks and little economic releases elsewhere but markets remained in a positive mood betting on the fact that the worst of COVID induced slowdown was behind us and that the economy was going to rebound strongly into the end of the year.
For the day Germany’s DAX closed at 12,920.66 up with +0.15% percent or +19.32 point.the FTSE 100 closed at 6,127.44 up with +0.61% percent or +37.40 point. France’s CAC 40 closed at 4,971.94 up with +0.18% percent or +9.01 point.
For the day the Dow is trading at 27,844.91 with a loss of -0.31% percent or ?86.11 point. The S&P 500 is trading at 3,381.99 up with +0.27% percent or +9.14 point. The Nasdaq Composite is trading at 11,129.73 up with +1.00% percent or +110.42 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,051.08 with a loss of –0.20% percent or –45.67 point. Hong Kong’s Hang Seng is trading at 25,308.80 with a loss of –0.15% percent or –38.54 point. China’s Shanghai Composite is trading at 3,451.09 up with +0.36% percent or +12.29 point. India’s BSE Sensex is trading at 38,266.09 up with +0.57% percent or +0.57% point at 12:15 PM.