The DAX Futures is trading at 12,874.50 up with +0.93% or +118.10 point.The FTSE 100 Futures is trading at 5,915.00 with a loss of -0.01% percent or -0.50 point. The CAC 40 Futures is trading at 4,853.00 with a loss of -0.34% percent or -16.50 point. The EURO Stoxx 50 Futures trading at 3,218.00 with a loss of -0.28% percent or -9.00 point.
TODAY’S FACTORS AND EVENTS
The IHS Markit Germany Construction PMI fell to 45.5 in September of 2020 from 48 in August, pointing to a fresh setback for the construction sector as activity contracted at a faster pace. This was the lowest reading for three months, although it remained notably higher than those seen between March and June. The main drag was from the commercial building sub-sector, where work fell sharply and at the fastest rate for three months. Civil engineering activity also remained in contraction, albeit with the decline easing to the weakest since February. The only bright spot was housing activity, though even here data showed the softest growth for three months. Furthermore, amid an ongoing decline in new orders and pessimistic expectations for activity over the year ahead, building companies continued to scale back workforce numbers during the month.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,906.02 up with +percent or +77.71 point.the FTSE 100 closed at 5,949.94 up with + percent or +7.00 point. France’s CAC 40 closed at 4,895.46 up with + percent or +23.59 point.
WORLD MARKETS
For the day the Dow is trading at 27,772.76 with a loss of –percent or –375.88 point. The S&P 500 is trading at 3,360.95 with a loss of – percent or –47.68 point. The Nasdaq Composite is trading at 11,154.60 with a loss of percent or –177.88 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,419.58 with a loss of – percent or –14.15 point. Hong Kong’s Hang Seng is trading at 24,169.65 up with +percent or +189.00 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 39,826.48 up with + percent or +251.91point at 12:15 PM.