The DAX Futures is trading at 13,295.80 up with +0.33% or +43.60 point. The FTSE 100 Futures is trading at 6,014.00 with a loss of -0.22% percent or -13.50 point. The CAC 40 Futures is trading at 5,063.00 up with +0.43% percent or +21.50 point. The EURO Stoxx 50 Futures trading at 3,338.00 up with +0.27% percent or +9.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s trade surplus declined to EUR 19.2 billion in July 2020 from EUR 21.3 billion in the same month of the previous year, as the coronavirus pandemic hit global demand. Exports dropped 11 percent due to lower sales to the European Union (-10.7 percent) and to third countries (-12.5 percent), iin particular to the UK (-12.6 percent), the US (-17.0 percent) and China (-0.1 percent). Imports fell at a faster 11.3 percent, as purchases from the EU plunged 13.1 percent and those from third countries declined 12.2 percent. Among non-EU countries, imports slumped from the UK (-24.8 percent) and the US (-14.8 percent), but were up from China (7.4 percent). On a seasonally adjusted basis, exports rose 4.7 percent in July, below expectations of 5 percent, while imports increased 1.1 percent, compared to forecasts of a 3.3 percent gain.
For the day Germany’s DAX closed at 13,237.21 up with +percent or +268.88 point.the FTSE 100 closed at 6,012.84 up with + percent or +82.54 point. France’s CAC 40 closed at 5,042.98 up with + percent or +69.46 point.
For the day the Dow is trading at 27,940.47 with + percent or +439.58 point. The S&P 500 is trading at 3,398.96 up with + percent or +67.12 point. The Nasdaq Composite is trading at 11,141.56 up with percent or +293.87 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,235.47 up with + percent or +202.93 point. Hong Kong’s Hang Seng is trading at 24,471.00 up with + percent or +2.07 point. China’s Shanghai Composite is trading at 3,233.22 with a loss of – percent or –21.41 point. India’s BSE Sensex is trading at 38,726.60 up with + percent or +532.68 point at 12:15 PM.