The DAX Futures is trading at 12,632.80 up with +0.63% or +78.50point. The FTSE 100 Futures is trading at 5,879.50 up with +0.56% percent or +32.50 point. The CAC 40 Futures is trading at 4,791.00 up with +1.36% percent or +64.50 point. The EURO Stoxx 50 Futures trading at 3,174.00 up with +0.70% percent or +22.00 point.
TODAY’S FACTORS AND EVENTS
the DAX 30 rising over 1% led by banks after news that Commerzbank named Manfred Knof, formerly head of German retail banking at Deutsche Bank, as its new CEO. Sentiment was also supported by signs of China’s economic recovery as latest data showed Chinese industrial profits surged 19.1% in August, the 4th straight month of gains. Investors will closely monitor coronavirus developments as the continent struggles to curb the coronavirus pandemic. Traders will also keep an eye on the final Brexit talks between the EU and the UK and the first debate between President Donald Trump and Joe Biden on Tuesday ahead of the November election. Any developments on a new fiscal stimulus package in the US will also be in the spotlight after the House Speaker Nancy Pelosi expressed hopes a deal with the Republicans can be reached.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,469.20 with a loss of –percent or –137.37 point.the FTSE 100 closed at 5,842.67 with percent or +19.89 point. France’s CAC 40 closed at 4,729.66 with a loss of –percent or –32.96 point.
WORLD MARKETS
For the day the Dow is trading at 27,173.96 up with +percent or +358.52 point. The S&P 500 is trading at 3,298.46 with + percent or +51.87 point. The Nasdaq Composite is trading at 10,913.56 up with + percent or +241.29 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,511.62 up with + percent or +307.00 point. Hong Kong’s Hang Seng is trading at 23,426.15 up with +percent or +190.73 point. China’s Shanghai Composite is trading at 3,212.56 with a loss of – percent or –6.86point. India’s BSE Sensex is trading at 37,885.87up with + percent or +509.87 point at 12:15 PM.