The DAX Futures is trading at 13,749.00 with a loss of -0.06% or -8.00 point. The FTSE 100 Futures is trading at 6,682.80 up with +0.06% percent or +3.80 point. The CAC 40 Futures is trading at 5,594.20 with a loss of percent or -86.80 point. The EURO Stoxx 50 Futures trading at 3,578 up with +0.06% percent or +0.06% point.

TODAY’S FACTORS AND EVENTS

It’s been a quiet night of trade in both FX and equities with markets range bound for most of Asian and early European trade in the wake of President-elect Biden’s stimulus announcement plan.

The price action has all the feel of sell-the-news dynamic as risk assets rallied strongly in anticipation of the news and now appear to have stalled as traders look for fresh catalysts to drive price action.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,787.73 with a loss of –percent or –200.97 point.the FTSE 100 closed at 6,735.71 with a loss of percent or -66.25 point. France’s CAC  40 closed at 5,611.69  with a loss of –percent or  -69.45 point.

WORLD MARKETS

For the day the Dow is trading at 30,814.26 with a loss of –percent or  -177.26 point. The S&P 500 is trading at 3,768.25  with a loss of – percent or –27.29 point. The Nasdaq Composite is trading at 12,998.50  with a loss of – percent or -114.14 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 28,256.50 with a loss of –percent or ?262.68 point. Hong Kong’s Hang Seng is trading at 28,803.19 up with +percent or +229.33 point. China’s Shanghai  Composite is trading at 3,598.11 up with + percent or +31.73 point. India’s BSE Sensex is trading at 48,656.23 with a loss of –percent or –378.44 point at 12:15 PM.