The DAX Futures is trading at 12,430.80 with a loss of -1.61% or -202.80 point.The FTSE 100 Futures is trading at 5,790.50 with a loss of -0.81% percent or -47.20 point. The CAC 40 Futures is trading at 4,915.00 up with +1.38% percent or +67.00 point. The EURO Stoxx 50 Futures trading at 3,150.00 with a loss of -1.38% percent or -44.00 point.
TODAY’S FACTORS AND EVENTS
The IHS Markit Germany Manufacturing PMI increased to 58 in October of 2020 from 56.4 in September and well above market expectations of 55.1. The reading pointed to the strongest expansion in factory activity since April of 2018, preliminary estimates showed. Stronger growth of factory output and new orders, a slower fall in stocks of purchases, and a greater lengthening of input delivery times drove the expansion. There were increases in sales to Asia (often China), the US and across Europe. Input prices rose only marginally, but it was the first increase in a year-and-a-half amid higher demand for materials and associated shortages at suppliers. On the other hand, further staff cuts were observed
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,645.75 with +percent or +102.69 point.the FTSE 100 closed at 5,860.28 up with + percent or +74.63 point. France’s CAC 40 closed at 4,909.64 up with + percent or +58.26 point.
WORLD MARKETS
For the day the Dow is trading at 28,335.57 with a loss of –percent or -28.09 point. The S&P 500 is trading at 3,465.39 with + percent or +11.90 point. The Nasdaq Composite is trading at 11,548.28 up with + percent or +42.28 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,494.34 with a loss of –percent or ?22.25 point. Hong Kong’s Hang Seng is trading at 24,918.78 up with +percent or +132.65 point. China’s Shanghai Composite is trading at 3,251.12 with a loss of – percent or –26.88 point. India’s BSE Sensex is trading at 40,279.40 with a loss of –percent or –406.10 point at 12:15 PM.