The DAX Futures is trading at 13,298.80 with +0.19% or +25.30 point.The FTSE 100 Futures is trading at 6,350.80 with a loss of -0.03% percent or -1.70 point. The CAC 40 Futures is trading at 5,552.50 with a loss of -0.15% percent or -8.50 point. The EURO Stoxx 50 Futures trading at 3,512.00 with a loss of -0.03% percent or -1.00point.
TODAY’S FACTORS AND EVENTS
The GfK Consumer Climate Indicator in Germany dropped to a five-month low of -6.7 heading into December 2020, from a revised -3.2 in the prior month and below market consensus of -5, as sentiment was hit by a partial lockdown to curb a second coronavirus wave. The gauge for economic outlook fell 7.3 points to -0.2, the lowest figure since May of this year when it stood at -10.4. Also, the income expectations sub-index declined 5.2 points to 4.6, and the willingness to buy indicator dropped 6.5 points to 30.5. “How the infection rate develops in the coming weeks will play a decisive role in determining whether the consumer climate will be able to stabilize again. Only a significant decrease in the number of infections and an easing of restrictions will restore a more optimistic outlook”, GfK consumer expert Rolf Buerkl said.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,286.57 with a loss of –percent or ?3.23 point.the FTSE 100 closed at 6,362.93 with a loss of –percent or ?28.16 point. France’s CAC 40 closed at 5,566.79 with a loss of – percent or ?4.50 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 26,644.71 up with +percent or +107.40 point. Hong Kong’s Hang Seng is trading at 26,962.10 up with +percent or +142.65 point. China’s Shanghai Composite is trading at 3,406.76 up with + percent or +37.02 point. India’s BSE Sensex is trading at 44,279.24 up with +percent or +19.50 point at 12:15 PM.