The DAX Futures is trading at 13,207.20 with +0.65% or +84.90 point.The FTSE 100 Futures is trading at 6,354.50 up with +0.38% percent or +24.30 point. The CAC 40 Futures is trading at 5,369.50 up with +0.00% percent or +0.00 point. The EURO Stoxx 50 Futures trading at 3,470.00 up with +0.75% percent or +26.00 point.
TODAY’S FACTORS AND EVENTS
Germany fell 1.9 percent year-on-year in October of 2020, following a 1.8 percent drop in September, marking the 9th consecutive decline. Biggest downward pressure came from cost of fuels and related (-17.6 percent vs -17 percent), namely oil (-17.8 percent); agricultural raw materials and live animals (-3.7 percent vs -1.7 percent), namely live animals (-22.2 percent); and metals (-1.5 percent vs -2.6 percent), namely iron ore and steel (-3.9 percent). In contrast, prices increased for wholesale of grain, raw tobacco, seeds and animal feed (5.1 percent vs 3.6 percent) and fruit, vegetables and potatoes (3 percent vs 2.5 percent). On a monthly basis, wholesale prices edged up 0.2 percent.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,076.72 up with percent or +23.77 point. the FTSE 100 closed at 6,316.39 with a loss of – percent or –22.55 point. France’s CAC 40 closed at 5,380.16 up with percent or +17.59 point.
WORLD MARKETS
For the day the Dow is trading at 29,479.81 with +percent or +399.64 point. The S&P 500 is trading at 3,585.15 with + percent or +48.14 point. The Nasdaq Composite is trading at 11,829.28 with percent or +119.70 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 25,906.93 up with +percent or +521.06 point. Hong Kong’s Hang Seng is trading at 26,306.71 up with +percent or +149.85 point. China’s Shanghai Composite is trading at 3,346.97 up with + percent or +36.86 point. India’s BSE Sensex is trading at 43,637.98 with +percent or +280.79 point at 12:15 PM.