The DAX Futures is trading at 12,616.50 with a loss of -0.05% or -6.90 point.The FTSE 100 Futures is trading at 5,820.80 up with +0.42% percent or +24.30 point. The CAC 40 Futures is trading at 4,771.50 up with +0.38% percent or +18.00 point. The EURO Stoxx 50 Futures trading at 3,161.00 up with +0.44% percent or +14.00 point.
TODAY’S FACTORS AND EVENTS
The Ifo Business Climate indicator for Germany rose by 0.9 points from the previous month to 93.4 in September 2020, the highest level since February but below market expectations of 93.8. Companies once again assessed their current situation as better than in the previous month (89.2 vs 87.9 in Auggust), while they also expect their business to recover further in coming months (97.7 vs 97.2) as the economy appeared to stabilize despite rising COVID-19 infection numbers. Sentiment improved among manufacturers (-0.2 vs -5.6), traders (0.3 vs -4.8) and constructors (3.3 vs 0.0), while confidence among service providers deteriorated (6.9 vs 7.7)
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,606.57 with a loss of –percent or –36.40 point.the FTSE 100 closed at 5,822.78 with a loss of – percent or –76.48 point. France’s CAC 40 closed at 4,762.62 with a loss of –percent or ?39.64 point.
WORLD MARKETS
For the day the Dow is trading at 26,815.44 up with +percent or +52.31 point. The S&P 500 is trading at 3,246.59 with + percent or +9.67 point. The Nasdaq Composite is trading at 10,672.27 up with + percent or +39.28 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,214.38 up with +percent or +126.56 point. Hong Kong’s Hang Seng is trading at 23,146.67 with a loss of –percent or –164.40 point. China’s Shanghai Composite is trading at 3,220.80 with a loss of – percent or –2.37 point. India’s BSE Sensex is trading at 36,978.77 up with + percent or +425.17 point at 12:15 PM