The DAX Futures is trading at 15,056.00 with a loss of -0.11% or -16.60 point.The FTSE 100 Futures is trading at 6,934.50 with a loss of -0.70% percent or -49.00 point. The CAC 40 Futures is trading at 6,237.50 with a loss of -0.28% percent or -17.50 point. The EURO Stoxx 50 Futures trading at 3,902 with a loss of -0.81% percent or -34 point.
TODAY’S FACTORS AND EVENTS
Germany’s 10-year Bund yield rose to as high as -0.13% in the second week of May, the highest level since March 2020, amid rising inflationary pressure and prospects of a strong economic recovery, helped by reopening efforts and a quicker pace of COVID-19 vaccination. Meanwhile, ECB Chief Economist Philip Lane told a French newspaper that the ECB could still increase bond purchases at its June meeting to keep borrowing conditions favorable, while policymaker Martin Kazaks said the central bank could decide to reduce the pace of its emergency bond purchases if borrowing costs remain low.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,150.22 up with + percent or +30.47 point.the FTSE 100 closed at 7,004.63 up with +percent or +56.64 point. France’s CAC 40 closed at 6,279.35 up with +percent or +11.96 point.
WORLD MARKETS
For the day the Dow is trading at 33,587.66 with a loss of –percent or –681.50 point. The S&P 500 is trading at 4,063.04 with a loss of – percent or –89.06 point. The Nasdaq Composite is trading at 13,031.68 with a loss of – percent or –357.75 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 27,460.13 with a loss of – percent or –687.38 point. Hong Kong’s Hang Seng is trading at 27,789.21 with a loss of – percent or –436.10 point. China’s Shanghai Composite is trading at 3,419.10 with a loss of – percent or –43.65 point. India’s BSE Sensex is trading at 48,690.80 with a loss of –percent or –471.01 point at 12:15 PM.