The DAX Futures is trading at 13,634.50 with a loss of -0.35% or -47.90 point.The FTSE 100 Futures is trading at 6,484.50 with a loss of -1.07% percent or -70.00 point. The CAC 40 Futures is trading at 5,531.00 with a loss of -0.28% percent or -15.50 point. The EURO Stoxx 50 Futures trading at 3,532.00 with a loss of -0.87% percent or -31.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s producer prices decreased by 0.5 percent year-on-year in November 2020, the least since February, and better than market forecasts of a 0.6 percent fall. Energy prices dropped 2.7 percent, led by lower cost for petroleum products (-16.7 percent) and natural gas distribution (-5.2 percent), while non-durable consumer goods cost declined 0.7 percent, dragged down by food prices (-1.6 percent). Meantime, there were increases in prices of both capital goods (0.8 percent) and durables consumer goods (1.5 percent). Also, intermediate goods prices increased 0.2 percent due mainly to precious metals (21.3 percent) and metallic secondary raw material (12.4 percent). Excluding energy, producer prices were up 0.3 percent in November. On a monthly basis, producer prices rose 0.2 percent, beating market expectations of a 0.1 percent growth.
For the day Germany’s DAX closed at 13,667.25 up with +percent or +101.27 point.the FTSE 100 closed at 6,551.06 with a loss of –percent or ?19.85 point. France’s CAC 40 closed at 5,549.46 up with + percent or +1.78 point.
For the day the Dow is trading at 30,303.37 with percent or +148.83 point. The S&P 500 is trading at 3,722.48 up with + percent or +21.31 point. The Nasdaq Composite is trading at 12,764.74 up with percent or +106.56 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 26,763.39 with a loss of –percent or -43.28 point. Hong Kong’s Hang Seng is trading at 26,466.96 with a loss of –percent or 211.42 point. China’s Shanghai Composite is trading at 3,392.60 with a loss of – percent or –12.27 point. India’s BSE Sensex is trading at 46,774.00 with a loss of –percent or –115.95 point at 12:15 PM.