The DAX Futures is trading at 15,513.50 up with +0.17% or +26.30 point. The FTSE 100 Futures is trading at 7,018.80 up with -0.11% percent or -7.70 point. The CAC 40 Futures is trading at 6,384.00 with a loss of -0.07% percent or -4.50 point. The EURO Stoxx 50 Futures trading at 4,047.00 up with +0.27% percent or +11.00 point.
TODAY’S FACTORS AND EVENTS
The Ifo Business Climate indicator for Germany rose to 99.2 in May 2021, from the previous month’s revised figure of 96.6 and above market expectations of 98.2. Business morale was at the highest level since May 2019, as companies were more satisfied with their current business situation (95.7 vs 94.2 in April), and were also more optimistic regarding the coming months (102.9 vs 99.2). In the service sector, the index climbed to 13.7, its highest value since February 2020 on the back of much more optimistic expectations; while in the trade sector, it jumped to 8.4, the highest since April 2019, as businesses were more satisfied with their current situation. Sentiment improved also among manufacturers (25.7 vs 25.1 in April) and constructors (2.8 vs 0.7).
For the day Germany’s DAX closed at 15,465.09 up with + percent or +27.58 point. the FTSE 100 closed at 7,029.79 with a loss of –percent or ?21.80 point. France’s CAC 40 closed at 6,390.27 with a loss of –percent or ?18.22 point.
For the day the Dow is trading at 34,312.46 with a loss of –percent or ?81.52 point. The S&P 500 is trading at 4,188.13 with a loss of – percent or ?8.92 point. The Nasdaq Composite is trading at 13,657.17 with a loss of percent or ?4.00 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,642.19 up with + percent or +88.21 point. Hong Kong’s Hang Seng is trading at 29,127.68 up with + percent or +216.82 point. China’s Shanghai Composite is trading at 3,593.45 up with + percent or +12.11 point. India’s BSE Sensex is trading at 50,934.30 up with +percent or +296.77 point at 12:15 PM.