The DAX Futures is trading at 13,090.80 with a loss of -0.03% or -3.70 point.The FTSE 100 Futures is trading at 6,317.00 with a loss of -0.92% percent or -58.50 point. The CAC 40 Futures is trading at 5,458.50 with a loss of -0.45% percent or -24.50 point. The EURO Stoxx 50 Futures trading at 3,452.00 with a loss of -0.80% percent or -28.00 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.
For the day Germany’s DAX closed at 13,201.89 with percent or +68.42 point.the FTSE 100 closed at 6,385.24 up with + percent or +19.91 point. France’s CAC 40 closed at 5,511.45 up with + percent or +28.45 point.
For the day the Dow is trading at 29,438.42 with a loss of –percent or -344.93 point. The S&P 500 is trading at 3,567.79 with a loss of – percent or -41.74 point. The Nasdaq Composite is trading at 11,801.60 with a loss of – percent or –97.74 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 25,609.19 with a loss of –percent or –118.95 point. Hong Kong’s Hang Seng is trading at 26,406.09 with a loss of –percent or ?138.20 point. China’s Shanghai Composite is trading at 3,353.66 with + percent or +6.36 point. India’s BSE Sensex is trading at 44,200.72 up with +percent or +20.67 point at 12:15 PM.