The DAX Futures is trading at 15,584.00 up with  +0.04% or +5.50 point.The FTSE 100 Futures is trading at 7,049.50 with +0.03% percent or +2.00 point. The CAC 40 Futures is trading at 6,633.50 with +0.08% percent or +5.50 point.  The EURO Stoxx 50 Futures trading at 4,114.00 with +0.12% percent or +5.00 point.

TODAY’S FACTORS AND EVENTS

The GfK Consumer Climate Indicator in Germany increased to -0.3 heading into July 2021, the highest level since August 2020 and well above market expectations of -4.0, as consumers became more optimistic and willing to buy following the relaxation of coronavirus-induced restrictions. The income expectations sub-index increased by 14.6 points to 34.1 and the gauge for economic outlook climbed 17.3 points to 58.4, its highest level in a decade. In addition, consumers’ propensity to buy, however, rose only moderately (up 3.4 points to 13.4). “Despite the opening or withdrawal of restrictions, a number of industries – especially in the services sector – are still severely restricted,” GfK consumer expert Rolf Buerkl said in a statement.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,589.23 up with +0.86% percent or +132.84 point.the FTSE 100 closed at 7,109.97 with +0.51% percent or +35.91 point. France’s CAC  40 closed at 6,631.15 up with +1.22% percent or +80.08 point.

WORLD MARKETS

For the day the Dow is trading at 34,196.82 up with +0.95% percent or +322.58 point. The S&P 500 is trading at 4,266.49 up with +0.58% percent or +24.65 point. The Nasdaq Composite is trading at 14,369.71 with +0.69% percent or +97.98 point.

In other parts of world, Japan’s Nikkei 225 is trading at 29,066.18 up with +0.66% percent or +190.95 point. Hong Kong’s Hang Seng is trading at 29,274.96 with +1.36% percent or +392.50point. China’s Shanghai  Composite is trading at 3,606.85 up with 1.13% percent or +40.20 point. India’s BSE Sensex is trading at 52,797.43 with +0.19% percent or +98.43  point at 12:15 PM.