The DAX Futures is trading at 14,039.50 with a loss of -0.09% or –12.40 point.The FTSE 100 Futures is trading at 6,710.80 up with +0.22% percent or +14.80 point. The CAC 40 Futures is trading at 5,781.50 with a loss of -0.06% percent or -3.50 point. The EURO Stoxx 50 Futures trading at 3,715.00 with a loss of -0.13% percent or -5.00 point.
TODAY’S FACTORS AND EVENTS
The ZEW Indicator of Economic Sentiment for Germany edged up by 9.4 points from the previous month to 71.2 in February of 2021, well above market forecasts of 59.6. It is the highest reading since September as markets are optimistic about the future and that the German economy will be back on the growth track within the next six months. In particular, consumption and retail trade are expected to recover significantly, accompanied by higher inflation expectations. The current conditions index however, fell to -67.2 from -66.4.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 14,064.60 with a loss of – percent or –44.88 point.the FTSE 100 closed at 6,748.86 with a loss of –percent or –7.25 point. France’s CAC 40 closed at 5,786.53 up with +percent or +0.28 point.
WORLD MARKETS
For the day the Dow is trading at 31,522.75 up with +percent or +64.35 point. The S&P 500 is trading at 3,932.59 with a loss of – percent or ?2.24 point. The Nasdaq Composite is trading at 14,047.50 up with + percent or +47.97 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 30,332.33 with a loss of –percent or ?135.42 point. Hong Kong’s Hang Seng is trading at 31,084.06 up with + percent or +337.40 point. China’s Shanghai Composite is trading at 3,655.09 with + percent or +51.60 point. India’s BSE Sensex is trading at 51,979.38 with a loss of – percent or –124.79 point at 12:15 PM.