The DAX Futures is trading at 13,112.80 with a loss of -0.29% or -38.10 point.The FTSE 100 Futures is trading at 6,394.00 with a loss of -0.37% percent or -24.00 point. The CAC 40 Futures is trading at 5,455.50 with a loss of -0.27% percent or -15.00 point. The EURO Stoxx 50 Futures trading at 3,460.00 with a loss of -0.29% percent or -10.00 point.
TODAY’S FACTORS AND EVENTS
Wholesale prices in 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 13,138.61 up with +percent or +61.89 point.the FTSE 100 closed at 6,421.29 up with + percent or +104.90 point. France’s CAC 40 closed at CAC 40 up with percent or +91.32 point.
WORLD MARKETS
For the day the Dow is trading at 29,950.44 with +percent or +470.63 point. The S&P 500 is trading at 3,626.91 with + percent or +41.76 point. The Nasdaq Composite is trading at 11,924.13 with + percent or +94.84 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 26,014.62 up with +percent or +107.69 point. Hong Kong’s Hang Seng is trading at 26,397.68 up with +percent or +19.08 point. China’s Shanghai Composite is trading at 3,339.90 with a loss of – percent or ?7.07 point. India’s BSE Sensex is trading at 43,866.55 with +percent or +228.57 point at 12:15 PM.