The DAX Futures is trading at 13,881.00 with a loss of -0.34% or -46.90 point. The FTSE 100 Futures is trading at 6,665.80 with a loss of -0.34% percent or -23.00 point. The CAC 40 Futures is trading at 5,595.00 with a loss of -0.81% percent or -45.80 point. The EURO Stoxx 50 Futures trading at 3,602.00 with a loss of -0.33% percent or -12.00 point.
TODAY’S FACTORS AND EVENTS
The ZEW Indicator of Economic Sentiment for Germany rose by 6.8 points from the previous month to 61.8 in January 2021, slightly beating market expectations of 60.0. The economic outlook for the German economy improved, amid rising export expectations and despite the uncertainty about the further course of the lockdown. About 71 percent of the surveyed analysts predicted an improvement in economic activity over the coming months, while 9 percent of them expected it to get worse and 20 percent expected no changes. The assessment of the economic situation in Germany was little-changed at -66.4.
For the day Germany’s DAX closed at 13,906.67 with a loss of -0.11%percent or ?14.70 point.the FTSE 100 closed at 6,715.42 with a loss of 0.37%percent or ?24.97 point. France’s CAC 40 closed at 5,590.79 with a loss of -0.67%percent or -37.65 point.
For the day the Dow is trading at 31,176.01 with a loss of -0.040%percent or ?12.37 point. The S&P 500 is trading at 3,853.07 up with +0.032% percent or +1.22 point. The Nasdaq Composite is trading at 13,530.92 up with +0.55% percent or +73.67 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,631.45 with a loss of -0.44%percent or -125.41 point. Hong Kong’s Hang Seng is trading at 29,510.82 with a loss of -1.39%percent or ?416.94 point. China’s Shanghai Composite is trading at 3,609.32 with a loss of -0.33% percent or ?11.95 point. India’s BSE Sensex is trading at 49,341.57 with a loss of -0.57%percent or ?283.19 point at 12:15 PM.