The DAX Futures is trading at 15,487.00 up with +0.02% or +3.50 point.The FTSE 100 Futures is trading at 7,036.80 up with +0.44% percent or +30.80 point. The CAC 40 Futures is trading at 6,462.00 with a loss of -0.15% percent or -0.15% point. The EURO Stoxx 50 Futures trading at 4,063 with a loss of -4,063 percent or -3.00 point.
TODAY’S FACTORS AND EVENTS
Import prices in Germany jumped 10.3 percent year-on-year in April of 2021, accelerating from a 6.9 percent rise in March and slightly above market forecasts of a 10 percent gain. It is the biggest increase since December of 2010, mainly due to energy prices which soared 101.3 percent, namely crude (198 percent), mineral oil products (76.6 percent), natural gas (57.6 percent) and electricity (209.6 percent). There is also a base effect from last year when the coronavirus pandemic brought demand to its lowest point and pushed prices down. Excluding crude oil and mineral oil products, import prices increased by 6 percent. On a monthly basis, import prices were up 1.4 percent.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,519.98 with percent or +113.25 point.the FTSE 100 closed at 7,022.61 up with +percent or +2.94 point. France’s CAC 40 closed at 6,484.11 up with +percent or +48.40 point.
WORLD MARKETS
For the day the Dow is trading at 34,529.45 with +percent or +64.81 point. The S&P 500 is trading at 4,204.11 up with + percent or +3.23 point. The Nasdaq Composite is trading at 13,748.74 up with percent or +12.46 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,860.08 with a loss of – percent or ?289.33 point. Hong Kong’s Hang Seng is trading at 28,961.23 with a loss of – percent or –163.18 point. China’s Shanghai Composite is trading at 3,605.86 with + percent or +5.07 point. India’s BSE Sensex is trading at 51,785.17 up with +percent or +362.29 point at 12:15 PM.