DAX Futures Morning Update on 06 Oct. 2020

The DAX Futures is trading at 12,837.80 with a loss of -0.10% or -13.00 point.The FTSE 100 Futures is trading at 5,918.80 up with -0.06% percent or -3.70 point. The CAC 40 Futures is trading at 4,875.50 up with +0.12% percent or +6.00 point.  The EURO Stoxx 50 Futures trading at 3,220.00 up with +0.19% percent or +6.00 point.

TODAY’S FACTORS AND EVENTS

European stock markets extended gains on Tuesday, with the DAX 30 adding 0.2% and other major indexes rising between 0.1% and 0.4%. German data showed a stronger-than-expected rise in factory orders during August, raising hopes of a quicker recovery in Europe’s largest economy despite a resurgence in Covid-19 cases. Meanwhile, investors await news about President Trump’s health condition after he left the hospital on Monday to continue the coronavirus treatment at the White House. On the corporate front, Lufthansa’s CEO Carsten Spohr said Monday that the airline is still burning cash at a rate of €500 million per month and is far from breaking even.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 12,828.31 up with +percent or  +139.27 point.the FTSE 100 closed at 5,942.94 up with + percent or +40.8 point. France’s CAC  40 closed at 4,871.87 up with + percent or +46.99 point.

WORLD MARKETS

For the day the Dow is trading at 28,148.64 up with +percent or  +465.83 point. The S&P 500 is trading at 3,408.63 up with + percent or +60.19 point. The Nasdaq Composite is trading at 11,332.48 up with + percent or +257.47 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,433.73 up with + percent or +121.59 point. Hong Kong’s Hang Seng is trading at 23,957.32 up with +percent or  +189.54 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 39,334.93 up with + percent or  +361.23 point at 12:15 PM.