The DAX Futures is trading at 13,093.80 with a loss of -1.00% or -131.70 point.The FTSE 100 Futures is trading at 6,317.00 with a loss of -0.89% percent or -57.00 point. The CAC 40 Futures is trading at 5,410.20 with a loss of -0.63% percent or -34.30 point. The EURO Stoxx 50 Futures trading at 3,442.00 with a loss of -0.66% percent or -23.00 point.
TODAY’S FACTORS AND EVENTS
Germany dropped 0.2 percent from a year earlier in October 2020, the same as in the previous month, as prices remained under pressure following the government’s announcement in July of a VAT rate cut until the end of the year to help Europe’s largest economy recover from the coronavirus shock. Goods prices fell 1.5 percent (vs -1.7 percent in September) led by a decline in energy cost (-6.8 percent vs -7.1 percent) while food inflation accelerated (1.4 percent vs 0.6 percent). At the same time, service inflation was steady at 1.0 percent, supported by an increase in net rents exclusive of heating expenses. The harmonised index of consumer prices were down 0.5 percent from a year earlier.
For the day Germany’s DAX closed at 13,090.72 with a loss of –percent or –125.46 point.the FTSE 100 closed at 6,330.77 with a loss of – percent or ?51.33 point. France’s CAC 40 closed at 5,408.00 with a loss of – percent or ?37.21 point.
For the day the Dow is trading at 29,397.63 with a loss of percent or ?23.29 point. The S&P 500 is trading at 3,572.66 with + percent or +27.13 point. The Nasdaq Composite is trading at 11,786.43 with percent or +232.58 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 25,520.88 up with +percent or +171.28 point. Hong Kong’s Hang Seng is trading at 26,169.38 with a loss of –percent or –57.60 point. China’s Shanghai Composite is trading at 3,338.68 with a loss of – percent or –3.52 point. India’s BSE Sensex is trading at 43,352.47 with a loss of –percent or ?241.20 point at 12:15 PM.