The DAX Futures is trading at 12,363.50 up with +0.76% or +93.20point.The FTSE 100 Futures is trading at 5,881.50 up with +0.46% percent or +27.00 point. The CAC 40 Futures is trading at 4,927.00 up with +0.15% percent or +7.50 point. The EURO Stoxx 50 Futures trading at 3,166.00 with +0.38% percent or +0.57% point.
TODAY’S FACTORS AND EVENTS
New orders for German manufactured goods edged up 0.5% month-over-month in September of 2020, below an upwardly revised 4.9% jump in August and market forecasts of a 2% gain. It is the smallest increase in 5 months as domestic orders increased 2.3% while foreign ones dropped 0.8%, mainly due to a 6% slump to the Euro Area. New orders for intermediate goods went up 4% and those for consumer goods 2.6% but orders for capital goods decreased 2%. Compared to February 2020, before the coronavirus pandemic, new orders were still 2.6 percent lower. Orders for machinery and equipment were still 8.2% below pre-pandemic levels but orders in the automotive industry, the largest manufacturing sector were 5.8% above the pre-crisis level.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,324.22 up with +percent or +235.24 point.the FTSE 100 closed at 5,883.26 up with + percent or +96.49 point. France’s CAC 40 closed at 4,922.85 with + percent or +117.25 point.
WORLD MARKETS
For the day the Dow is trading at 27,847.66 up with +percent or +367.63 point. The S&P 500 is trading at 3,443.44 up with + percent or +74.28 point. The Nasdaq Composite is trading at 11,590.78 up with + percent or +430.21 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 24,105.28 up with +percent or +410.05 point. Hong Kong’s Hang Seng is trading at 25,601.06 with +percent or +714.92 point. China’s Shanghai Composite is trading at 3,320.13 with + percent or +42.69 point. India’s BSE Sensex is trading at 41,269.40 up with +percent or +653.26 point at 12:15 PM.
Rules of Discussion on DAX Futures
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.