The DAX Futures is trading at 13,865.00 up with +0.58% or +80.00 point.The FTSE 100 Futures is trading at 6,504.00 up with +0.63% percent or +40.80 point. The CAC 40 Futures is trading at 5,707.00 with a loss of -1.25% percent or -72.50 point. The EURO Stoxx 50 Futures trading at 3,658.00 up with +0.66% percent or +24.00 point.
TODAY’S FACTORS AND EVENTS
Import prices in Germany fell 1.2 percent year-on-year in January of 2021, following a 3.4 percent drop in December and compared to forecasts of a 2.1 percent decline. Energy cost sank 13.1 percent and made the largest downward contribution, namely oil (-20.4 percent). Excluding crude oil and mineral oil products, imports prices increased 0.5 percent. High upward pressure came from cost of electricity (50.4 percent), iron ores (36.2 percent) and natural gas (7.7 percent). On a monthly basis, import prices jumped 1.9 percent month-over-month, higher than 0.6 percent in December and market forecasts of 0.9 percent.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,786.29 with a loss of percent or –93.04 point. the FTSE 100 closed at 6,483.43 with a loss of –percent or –168.53 point. France’s CAC 40 closed at 5,703.22 with a loss of –percent or –80.67 point.
WORLD MARKETS
For the day the Dow is trading at 30,932.37 with a loss of –percent or –469.64 point. The S&P 500 is trading at 3,811.15 with a loss of – percent or –18.19 point. The Nasdaq Composite is trading at 13,192.35 up with percent or +72.92 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 29,654.04 up with +percent or +688.03 point. Hong Kong’s Hang Seng is trading at 29,376.66 up with + percent or +396.45 point. China’s Shanghai Composite is trading at 3,541.15 up with + percent or +32.07 point. India’s BSE Sensex is trading at 49,754.86 up with + percent or +654.87 point at 12:15 PM.