The DAX Futures is trading at 13,307.00 with a loss of -0.27% or -34.60 point. The FTSE 100 Futures is trading at 5,950.80 up with +0.24% percent or +14.30  point. The CAC 40 Futures is trading at 5,056.50  up with +0.58% percent or +0.58% point. The EURO Stoxx 50 Futures trading at 3,354.00 up with +0.78% percent or +26.00 point.

TODAY’S FACTORS AND EVENTS

Germany’s retail sales fell by 0.9 percent month-over-month in July 2020, after an upwardly revised 1.9 percent drop in June. The latest reading missed market expectations of a 0.5 percent gain, raising concerns about the recovery in Europe’s largest economy. Still, retail sales in July were 0.9 perrcent higher than in February, the month before the coronavirus outbreak. Year-on-year, retail sales rose 4.2 percent in July, following a 5.9 percent rise in the previous month

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,243.43 up with +2.07% percent or +269.18 point.the FTSE 100 closed at 5,940.95 up with +1.35% percent or  +78.90 point. France’s CAC  40 closed at 5,031.74 up with +1.90% percent or  +93.64 point.

WORLD MARKETS

For the day the Dow is trading at 29,100.50 up with +1.59% percent or  +454.84 point. The S&P 500 is trading at 3,580.84 up with +1.54% percent or +54.19 point. The Nasdaq Composite is trading at 12,056.44 up with +0.98% percent or  +116.78 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,465.53 up with +0.94% percent or +218.38  point. Hong Kong’s Hang Seng is trading at 24,961.34 with a loss of –0.63% percent or –158.75 point. China’s Shanghai  Composite is trading at 3,384.99 with a loss of –0.58% percent or –19.81  point. India’s BSE Sensex is trading at 38,984.93 with a loss of –0.26% percent or –101.10 point at 12:15 PM.