DAX Futures Update : 19 July 2021

The DAX Futures is trading at 15,416.50 with a loss of -0.45% or -69.50 point.The FTSE 100 Futures is trading at 6,879.50 with a loss of -0.53% percent or -37.00 point. The CAC 40 Futures is trading at 6,435.50 with a loss of -0.89% percent or -57.50 point.  The EURO Stoxx 50 Futures trading at 3,993.00 with a loss of -0.71% percent or -28.00 point.

TODAY’S FACTORS AND EVENTS

Annual inflation rate in Germany was confirmed at 2.3 percent in June of 2021, matching the preliminary estimate, and slowing from a decade high of 2.5% in May. Energy prices made one of the highest upward contributions (9.4 percent vs 10 percent in May) due to low base effects from last year. The CO2 charge introduced at the beginning of the year is also weighing. Excluding energy, inflation was 1.6 percent. Compared with the previous month, the CPI increased 0.4 percent, also matching the initial estimates and slowing from 0.5 percent in May.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,540.31 with a loss of -0.57% percent or -89.35 point.the FTSE 100 closed at 7,008.09 with a loss of -0.056% percent or -3.93 point. France’s CAC 40 closed at 6,460.08 with a loss of -0.51% percent or -33.28 point.

WORLD MARKETS

For the day the Dow is trading at 34,687.85 with a loss of -0.86% percent or 299.17 point. The S&P 500 is trading at 4,327.16 with a loss of -0.75% percent or -32.87 point. The Nasdaq Composite is trading at 14,427.24 with a loss of -0.80% percent or -115.90 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,674.98 with a loss of -1.17% percent or -328.10 point. Hong Kong’s Hang Seng is trading at 27,473.63 with a loss of -1.90% percent or -531.05 point. China’s Shanghai Composite is trading at 3,535.40 with a loss of -0.11% percent or -3.91 point. India’s BSE Sensex is trading at 52,765.37 with a loss of -0.71% percent or -374.69 point at 12:15 PM.