The DAX Futures is trading at 15,292.00 with +0.24% or +36.50 point.The FTSE 100 Futures is trading at 6,979.80 with +0.62% percent or +42.80 point. The CAC 40 Futures is trading at 6,298.50 with +0.49% percent or +31.00 point. The EURO Stoxx 50 Futures trading at 3,971.00 with +0.79% percent or +31.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s 10-year Bund yield touched -0.10% for the first time since May 2019, amid rising inflationary pressure and prospects of a strong economic recovery, helped by reopening efforts and a quicker pace of COVID-19 vaccination. Earlier this month, ECB Chief Economist Philip Lane told a French newspaper that the ECB could still increase bond purchases at its June meeting to keep borrowing conditions favorable, while policymaker Martin Kazaks said the central bank could decide to reduce the pace of its emergency bond purchases if borrowing costs remain low. Elsewhere, the US reported on Wednesday the highest inflation rate since 2008, fueling fears that central bankers might start tighten monetary policy sooner than expected.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,150.22 up with + percent or +30.47 point.the FTSE 100 closed at 7,004.63 up with +percent or +56.64 point. France’s CAC 40 closed at 6,279.35 up with +percent or +11.96 point.
WORLD MARKETS
For the day the Dow is trading at 34,021.45 up with +percent or +433.79 point. The S&P 500 is trading at 4,112.50 up with + percent or +49.46 point. The Nasdaq Composite is trading at 13,124.99 up with percent or +93.31 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,066.46 up with percent or +618.45 point. Hong Kong’s Hang Seng is trading at 27,948.28 up with + percent or +229.61 point. China’s Shanghai Composite is trading at 3,475.19 up with + percent or +45.65 point. India’s BSE Sensex is trading at 48,749.05 up with percent or +58.25 point at 12:15 PM.