DAX Futures Morning Update on 13 Jan. 2021

The DAX Futures is trading at 13,919.00 with +0.04% or +5.00 point.The FTSE 100 Futures is trading at 6,711.00 up with +0.02% percent or +1.50 point. The CAC 40 Futures is trading at 5,653.80 up with +0.07% percent or +3.80 point.  The EURO Stoxx 50 Futures trading at 3,599.00 with a loss of -0.03% percent or -1.00 point.

TODAY’S FACTORS AND EVENTS

Wholesale prices in Germany declined 1.2 percent year-on-year in December of 2020, falling for the 11th consecutive month, mainly due to a 13.6 percent drop in cost of petroleum products. Other downward contributions came from cost of live animals (-31.3 percent), meat and meat products (-5 percent), data processing equipment, peripheral devices and software (-3.9 percent). In contrast, increases were seen for prices of used and residual materials (17.3 percent) and grain, raw tobacco, seeds and animal feed (7.7 percent). Considering full 2020, wholesale prices fell 2 percent on average, mainly due to petroleum products (-16.1 percent).

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,925.06 with a loss of –0.083% percent or ?11.60 point.the FTSE 100 closed at 6,756.40 up with 0.034% percent or +2.29 point. France’s CAC  40 closed at 5,650.97 with a loss of –0.20% percent or –11.46 point.

WORLD MARKETS

For the day the Dow is trading at 31,068.69 up with +0.19% percent or +60.00 point. The S&P 500 is trading at 3,801.19 up with +0.042% percent or +1.58 point. The Nasdaq Composite is trading at 13,072.43  up with +0.28% percent or +36.00 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 28,456.59 up with +1.04% percent or +292.25 point. Hong Kong’s Hang Seng is trading at 28,235.60 up with 0.15% percent or +30.00 point. China’s Shanghai  Composite is trading at 3,598.65 with a loss of 0.27% percent or ?9.69 point. India’s BSE Sensex is trading at 49,239.42  with a loss of –0.56% percent or  ?277.69 point at 12:15 PM.