The DAX Futures is trading at 13,946.00 up with +0.74% or +102.00 point.The FTSE 100 Futures is trading at 6,545.50 with a loss of -0.46% percent or -30.50 point. The CAC 40 Futures is trading at 5,780.50 up with +0.08% percent or +4.50 point.  The EURO Stoxx 50 Futures trading at 3,691.00 up with  +0.30% percent or +11.00 point.

TODAY’S FACTORS AND EVENTS

The Ifo Business Climate indicator for Germany rose to 92.4 in February 2021, up from an upwardly revised 90.3 in the previous month and above market expectations of 90.5. Companies became less pessimistic regarding developments over the coming months (94.2 vs 91.5 in January), while their assessments of the current situation were also a little better (90.6 vs 89.2). Sentiment improved among manufacturers (16.1 vs 9.1 in January), service providers (-2.2 vs -4.4), traders (-14.6 vs -17.2) and constructors (-3.6 vs -4.9).

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,920.58 with a loss of percent or –67.85point.the FTSE 100 closed at 6,591.60 with a loss of –percent or  –34.34 point. France’s CAC  40 closed at 5,772.90 with a loss of –percent or  –6.94 point.

WORLD MARKETS

For the day the Dow is trading at 31,537.35 up with +percent or  +15.66 point. The S&P 500 is trading at 3,881.37 up with + percent or  +4.87 point. The Nasdaq Composite is trading at 13,465.20 with a loss of -2.46% percent or  ?341.42 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 29,671.70 with a loss of –percent or ?484.33 point. Hong Kong’s Hang Seng is trading at 29,718.24 with a loss of – percent or ?914.40 point. China’s Shanghai  Composite is trading at 3,564.08 with a loss of – percent or –72.28 point. India’s BSE Sensex is trading at 49,971.55 up with  + percent or +217.34 point at 12:15 PM.