The DAX Futures is trading at 15,608.00 with a loss of -0.09% or -13.50 point.The FTSE 100 Futures is trading at 7,009.00 with a loss of -0.07% percent or -5.00 point. The CAC 40 Futures is trading at 6,611.00 with +0.85% percent or +55.50 point. The EURO Stoxx 50 Futures trading at 4,110.00 with +0.05% percent or +2.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s 10-year Bund yield stood at -0.17%, as ECB officials continued to signal there is no hurry to taper the central bank’s massive emergency stimulus. ECB President Christine Lagarde said on Monday that it was not yet time to allow interest rates to rise and that a tightening of wider financing conditions would be premature and would pose a risk to the ongoing economic recovery and the outlook for inflation. Still, Lagarde noted that brighter prospects for global demand and a faster-than-anticipated increase in consumer spending could result in a stronger recovery. Meanwhile, ECB Chief Economist Philip Lane said there would not be enough data by September to decide the future of the central bank’s emergency bond-buying programme. Last week, global bond yields briefly jumped due to the Fed’s hawkish turn, as officials suggested the central bank might hike interest rates much faster than expected.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,603.24 up with + percent or +155.20 point.the FTSE 100 closed at 7,062.29 with +percent or +44.82 point. France’s CAC 40 closed at 6,602.54 up with + percent or +33.38 point.
WORLD MARKETS
For the day the Dow is trading at 33,876.97 up with +percent or +586.89 point. The S&P 500 is trading at 4,224.79 up with + percent or +58.34 point. The Nasdaq Composite is trading at 14,141.48 with + percent or +111.10 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,884.13 up with + percent or +873.20 point. Hong Kong’s Hang Seng is trading at 28,431.42 with a loss of – percent or –57.58 point. China’s Shanghai Composite is trading at 3,549.25 up with percent or +20.07 point. India’s BSE Sensex is trading at 52,949.17 with percent or +374.71 point at 12:15 PM.