The DAX Futures is trading at 13,280.00 with a loss of -0.12% or -16.50 point. The FTSE 100 Futures is trading at 6,462.50 up with +0.21% percent or +13.50 point. The CAC 40 Futures is trading at 5,563.80 with a loss of -0.23% percent or -12.70 point. The EURO Stoxx 50 Futures trading at 3,518.00 up with +0.03% percent or +1.00 point.
TODAY’S FACTORS AND EVENTS
Retail sales in Germany jumped 2.6% mom in October of 2020, following a downwardly revised 1.9% fall in September ad well above forecasts of a 1.2% rise. It is the biggest increase since April of 2018 as the economy attempts to rebound from the coronavirus hit. Compared with February 2020, the month before the covid-19 crisis, retail sales are 5.9% higher. Year-on-year, retail sales jumped 8.2%, the strongest increase since May of 2000, led by sales of food, beverages and tobacco (7.3%); sales in supermarkets, self-service department shops and hypermarkets (7.9%); furniture, household appliances and building materials (14.2%); and internet and mail order business (29.8%). On the other hand, retail sales declined for textiles, clothing, shoes and leather goods (-6.4%) and department stores (-2.3%).
For the day Germany’s DAX closed at 13,276.54 with a loss of –percent or ?36.36 point.the FTSE 100 closed at 6,472.64 up with +percent or +9.25 point. France’s CAC 40 closed at 5,577.00 with a loss of – percent or ?6.60 point.
For the day the Dow is trading at 29,883.79 up with +percent or +59.87 point. The S&P 500 is trading at 3,669.01 up with + percent or +6 point. The Nasdaq Composite is trading at 12,349.37 with a loss of percent or –5.74 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 26,809.37 up with +percent or +8.39 point. Hong Kong’s Hang Seng is trading at 26,728.50 up with +percent or +195.92 point. China’s Shanghai Composite is trading at 3,442.14 with a loss of – percent or –7.24 point. India’s BSE Sensex is trading at 44,526.46 up with percent or +79.76 point at 12:15 PM.