The DAX Futures is trading at 14,083.50 up with +0.19% or +26.00 point. The FTSE 100 Futures is trading at 6,452.00 up with +0.02% percent or +1.00 point. The CAC 40 Futures is trading at 5,612.20 up with +0.93% percent or +51.70 point. The EURO Stoxx 50 Futures trading at 3,648.00 up with +0.53% percent or +0.41% point.
TODAY’S FACTORS AND EVENTS
The IHS Markit Germany Construction PMI edged down to 46.6 in January of 2021 from 47.1 in December. The reading pointed to the 11th consecutive month of falling construction activity, led by a sustained downturn in work on commercial building projects. Supply chain pressures meanwhile continued to increase, with January seeing longer lead times on building materials and products, as well as a sharp acceleration in the rate of input price inflation. The worst-performing broad construction category by some margin remained commercial activity. On the other hand, January saw constructor sector employment marginally rise for the first time since February last year. Looking ahead, constructors remained downbeat about the prospects for activity in 12 months’ time, citing concerns about the investment outlook. However, expectations were the least pessimistic since the COVID-19 epidemic began.
For the day Germany’s DAX closed at 14,060.29 up with +0.91% percent or +126.66 point.the FTSE 100 closed at 6,503.72 with a loss of -0.063%percent or ?4.10 point. France’s CAC 40 closed at 5,608.54 up with +0.82%percent or +45.49 point.
For the day the Dow is trading at 31,055.86 up with +1.08%percent or +332.26 point. The S&P 500 is trading at 3,871.74 up with +1.09% percent or +41.57 point. The Nasdaq Composite is trading at 13,777.74 up with +1.23% percent or +167.20 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,762.41 up with +1.48%percent or +420.46 point. Hong Kong’s Hang Seng is trading at 29,348.36 with +0.81% percent or +234.86 point. China’s Shanghai Composite is trading at 3,514.48 with +0.36% percent or +12.62 point. India’s BSE Sensex is trading at 50,924.01 up with +0.61%percent or +309.72 point at 12:15 PM.