The DAX Futures is trading at 15,292.50 up with +0.18% or +27.50 point. The FTSE 100 Futures is trading at 6,885.80 with a loss of -0.26% percent or -18.20 point. The CAC 40 Futures is trading at 6,185.50 up with +0.55% percent or +34.00 point. The EURO Stoxx 50 Futures trading at 3,958 with a loss of -0.23% percent or -8 point.
TODAY’S FACTORS AND EVENTS
Germany’s producer prices increased 3.7 percent year-on-year in March 2021, the most since November 2011 and above market forecasts of a 3.3 percent rise. Prices of intermediate goods grew 5.7 percent, the highest rate since July 2011, due mainly to secondary raw material (46.8 percent) and prepared feed for farm animals (15.9 percent). There were also increases in prices of capital (0.9 percent); durables consumer goods (1.4 percent) and energy (8.0 percent), mainly due to an increase in electricity prices (9.6 percent), furthermore to the national CO2-pricing that has been introduced in January 2021. Meanwhile, non-durable consumer goods cost fell 1.4 percent, dragged down by food prices (-2.5 percent). Excluding energy, producer prices rose by 2.4 percent in March.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,320.52 with percent or +124.55 point. the FTSE 100 closed at 6,938.24 up with +percent or +42.95 point. France’s CAC 40 closed at 6,267.28 up with percent or +56.73 point.
WORLD MARKETS
For the day the Dow is trading at 33,815.90 with a loss of –percent or –321.41 point. The S&P 500 is trading at 4,134.98 with a loss of – percent or ?38.44 point. The Nasdaq Composite is trading at 13,818.41 with a loss of – percent or ?131.81 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,975.21 with a loss of –percent or ?212.96 point. Hong Kong’s Hang Seng is trading at 28,958.80 up with + percent or +203.46 point. China’s Shanghai Composite is trading at 3,461.76 with a loss of – percent or –3.35 point. India’s BSE Sensex is trading at 48,215.11 up with + percent or +134.44 point at 12:15 PM.