The DAX Futures is trading at 13,208.00 up with +0.02% or +2.00 point. The FTSE 100 Futures is trading at 6,059.00 with a loss of -1.00% percent or -61.50 point. The CAC 40 Futures is trading at 5,057.00 with a loss of -0.21% percent or -10.50 point. The EURO Stoxx 50 Futures trading at 3,322.00 with a loss of -0.39% percent or -13.00 point.
TODAY’S FACTORS AND EVENTS
The ZEW Indicator of Economic Sentiment for Germany rose by 5.9 points from the previous month to 77.4 in September 2020, the highest since May 2000 and well above market expectations of 69.8, signalling expectations of a noticeable recovery of Europe’s largest economy. Stalled Brexit talks and risiing COVID-19 cases could not dampen the positive mood, but the negative outlook for the banking sector revealed fears of a rising number of loan defaults in the coming six months. The assessment of the economic situation in Germany also improved, with the corresponding indicator increasing by 15.1 points to -66.2
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,217.67 up with +percent or +24.01 point.the FTSE 100 closed at 6,105.54 up with + percent or +79.29 point. France’s CAC 40 closed at 5,067.93 up with +percent or +16.05 point.
WORLD MARKETS
For the day the Dow is trading at 27,995.60 up with + percent or +2.27 point. The S&P 500 is trading at 3,401.20 up with + percent or +17.66 point. The Nasdaq Composite is trading at 11,190.32 up with + percent or +133.67 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,475.53 up with + percent or +20.64 point. Hong Kong’s Hang Seng is trading at 24,723.32 with a loss of – percent or –9.44 point. China’s Shanghai Composite is trading at 3,281.83 with a loss of – percent or –13.85 point. India’s BSE Sensex is trading at 39,126.88 up with + percent or +82.53 point at 12:15 PM.