The DAX Futures is trading at 12,766.20 up with +0.56% or +71.00 point.The FTSE 100 Futures is trading at 5,943.50 up with +1.23% percent or +72.10 point. The CAC 40 Futures is trading at 4,866.50 up with +0.91% percent or +44.00 point. The EURO Stoxx 50 Futures trading at 3,202.00 up with +0.41% percent or +13.00 point.
TODAY’S FACTORS AND EVENTS
The IHS Markit/BME Germany Manufacturing PMI was revised slightly lower to 56.4 in September 2020, from a preliminary estimate of 56.6 and compared to August’s 52.2. Still, the latest reading pointed to the steepest expansion in the sector since July 2018 as the economy continued to recover from the pandemic shock. New order growth was among the strongest recorded since data collection began in 1996, with new export orders rising the most since December 2017 amid reports of improved demand across Europe, China and Turkey. In addition, output increased the most in more than two-and-a-half years, while the rate of job shedding eased for the second month in a row. Purchasing activity growth was the fastest seen since February 2018. On the price front, both input costs and output charges fell. Looking ahead, business optimism reached the highest since January 2018, amid signs of clients upping spending and growing hopes of a post COVID-19 recovery in market demand.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,819.98 up with +percent or +130.94 point.the FTSE 100 closed at 5,949.16 up with + percent or +46.55 point. France’s CAC 40 closed at 4,876.86 up with + percent or +51.98 point.
WORLD MARKETS
For the day the Dow is trading at 27,682.81 with a loss of –percent or ?134.09 point. The S&P 500 is trading at 3,348.44 with a loss of – percent or –32.36 point. The Nasdaq Composite is trading at 11,075.02 with a loss of – percent or 251.49 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,312.14 up with + percent or +282.24 point. Hong Kong’s Hang Seng is trading at 23,772.24 up with +percent or +313.19 point. China’s Shanghai Composite is trading at 3,218.05 with a loss of – percent or –6.31 point. India’s BSE Sensex is trading at 39,061.75 up with + percent or +364.70 point at 12:15 PM.