The DAX Futures is trading at 13,304.20 with +0.08% or +10.00 point.The FTSE 100 Futures is trading at 6,387.50 up with +0.23% percent or +14.50 point. The CAC 40 Futures is trading at 5,565.50 up with +0.29% percent or +16.00 point. The EURO Stoxx 50 Futures trading at 3,518.00 up with +0.17% percent or +6.00 point.
TODAY’S FACTORS AND EVENTS
The Ifo Business Climate indicator for Germany dropped to 90.7 in November 2020 from a downwardly revised 92.5 in the previous month, still remaining above market expectations of 90.1. Companies became more pessimistic regarding developments over the coming months following the imposition of tougher restriction measures to curb the spread of the COVID-19 pandemic, while their assessments of the current situation were also a little worse. Sentiment deteriorated among service providers (-3.1 vs 3.8 in October), traders (-4.0 vs -0.2) and constructors (-0.1 vs 0.3). Meanwhile, confidence among manufacturers improved slightly (3.5 vs 1.5).
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,289.80 with a loss of –percent or ?2.64 point. the FTSE 100 closed at 6,391.09 with a loss of –percent or ?41.08 point. France’s CAC 40 closed at 5,571.29 up with + percent or +12.87 point.
WORLD MARKETS
For the day the Dow is trading at 29,872.47 with a loss of –percent or 173.77 point. The S&P 500 is trading at 3,629.65 with a loss of – percent or ?5.76 point. The Nasdaq Composite is trading at 12,094.40 up with + percent or +57.62 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 26,537.31 up with +percent or +240.45 point. Hong Kong’s Hang Seng is trading at 26,737.94 up with +percent or +68.19 point. China’s Shanghai Composite is trading at 3,368.33 up with + percent or +6.00 point. India’s BSE Sensex is trading at 43,626.09 with a loss of percent or ?207.06 point at 12:15 PM.