The DAX Futures is trading at 13,959.00 with +0.19% or +26.00 point.The FTSE 100 Futures is trading at 6,725.50 up with +0.19% percent or +13.00 point. The CAC 40 Futures is trading at 5,640.80 up with percent or +47.80 point. The EURO Stoxx 50 Futures trading at 3,624.00 up with +0.11% percent or +4.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s producer prices edged up 0.2 percent year-on-year in December 2020, the first yearly increase since January and compared with market forecasts of a 0.3 percent drop. Prices of intermediate goods advanced 0.8 percent due mainly to precious metals (18.4 percent), metallic secondary raw material (17.0 percent) and copper (11.5 percent). There were also increases in prices of both capital (0.9 percent) and durables consumer goods (1.6 percent). Meanwhile, energy prices inched down 0.1 percent, led by lower cost for petroleum products (-13.5 percent) and natural gas distribution (-3.3 percent); while non-durable consumer goods cost declined 1.9 percent, dragged down by food prices (-3.3 percent). Excluding energy, producer prices were up 0.3 percent in December. Considering 2020 full year, producer prices dropped 1 percent.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,921.37 up with +percent or +106.31 point.the FTSE 100 closed at 6,740.39 up with +percent or +27.44 point. France’s CAC 40 closed at 5,628.44 up with +percent or +29.83 point.
WORLD MARKETS
For the day the Dow is trading at 31,188.38 up with +percent or +257.86 point. The S&P 500 is trading at 3,851.85 up with + percent or +52.94 point. The Nasdaq Composite is trading at 13,457.25 up with percent or +260.07 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,756.86 up with +percent or +233.60 point. Hong Kong’s Hang Seng is trading at 29,816.04 with a loss of –percent or ?146.43 point. China’s Shanghai Composite is trading at 3,619.07 up with + percent or +32.79 point. India’s BSE Sensex is trading at 50,095.18 up with +percent or +303.06 point at 12:15 PM.