DAX Futures Update : 22 July 2021

The DAX Futures is trading at 15,450.00 up with +0.03% or +4.50 point.The FTSE 100 Futures is trading at 6,933.80 up with +0.03% percent or +2.30 point. The CAC 40 Futures is trading at 6,484.80 up with +0.37% percent or +23.80 point.  The EURO Stoxx 50 Futures trading at 4,036.00 up with +0.41% percent or +16.00 point.

TODAY’S FACTORS AND EVENTS

Germany’s producer prices rose by 8.5 percent from a year earlier in June 2021, following a 7.2 percent advance in the previous month and slightly beating market expectations of 8.4 percent. It was the largest increase in producer costs since second oil crises in January 1982, reflecting a low base effect from last year due to the coronavirus-induced restrictions and the ongoing economic recovery. Main upward pressure came from intermediate products (12.7 percent) and of energy (16.9 percent), followed by durable consumer goods (1.8 percent), non-durable consumer goods (1.5 percent) and capital goods (1.3 percent). On monthly basis, producer prices rose by 1.3 percent in June, also above forecasts of 1.1 percent.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,422.50 up with +1.36% percent or +206.23 point. the FTSE 100 closed at 6,998.28 up with +1.70% percent or +117.15point. France’s CAC 40 closed at 6,464.48 up with +1.85% percent or +117.63 point.

WORLD MARKETS

For the day the Dow is trading at 34,798.00  up with +0.83% percent or +286.01 point. The S&P 500 is trading at 4,358.69 up with +0.82% percent or +35.63 point. The Nasdaq Composite is trading at 14,631.95 up with +0.92% percent or +133.08 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,548.00 up with +0.58% percent or +159.84 point. Hong Kong’s Hang Seng is trading at 27,652.26 up with 1.57% percent or +427.68 point. China’s Shanghai Composite is trading at 3,574.38 with +0.33% percent or +11.72 point. India’s BSE Sensex is trading at 52,831.00 up with 1.21% percent or +632.49 point at 12:15 PM.