The DAX Futures is trading at 12,900.00 with a loss of -0.40% or -52.00 point. The FTSE 100 Futures is trading at 5,870.80 with a loss of -0.69% percent or -40.70 point. The CAC 40 Futures is trading at 4,895.80 with a loss of -0.90% percent or -44.70 point. The EURO Stoxx 50 Futures trading at 3,228.00 with a loss of -1.19% percent or -39.000 point.
TODAY’S FACTORS AND EVENTS
The ZEW Indicator of Economic Sentiment for Germany dropped by 21.3 points from the previous month to 56.1 in October 2020, from the previous month’s over 20-year high and well below market expectations of 73. Investors voiced concerns about the recent sharp rise in the number of COVID-19 cases and the prospect of the UK leaving the EU without a trade deal. The current situation in the run-up to the presidential election in the US further fuels uncertainty. By contrast, the assessment of the economic situation in Germany improved again, and currently stands at -59.5 points, 6.7 points higher than in September.
For the day Germany’s DAX closed at 13,028.06 up with +percent or +9.07 point.the FTSE 100 closed at 5,860.60 with a loss of – percent or ?74.46 point. France’s CAC 40 closed at 4,941.66 with a loss of – percent or -5.94 point.
For the day the Dow is trading at 28,514.00 with a loss of –percent or –165.81 point. The S&P 500 is trading at 3,488.67 with a loss of – percent or ?23.26 point. The Nasdaq Composite is trading at 11,768.73 with a loss of – percent or – point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,507.23 with a loss of – percent or ?119.50 point. Hong Kong’s Hang Seng is trading at 24,251.38 with a loss of –percent or ?415.71 point. China’s Shanghai Composite is trading at 3,339.75 with a loss of – percent or –1.03 point. India’s BSE Sensex is trading at 40,480.35 with a loss of – percent or –314.09 point at 12:15 PM.