DAX Futures Update : 28 July 2021
The DAX Futures is trading at 15,564.00 with a loss of -0.30% or -47.50 point.The FTSE 100 Futures is trading at 6,932.80 with a loss of -0.27% percent or -18.70 point. The CAC 40 Futures is trading at 6,585.00 up with +0.34% percent or +22.50 point. The EURO Stoxx 50 Futures trading at 4,086.00 with a loss of -0.20% percent or -8.00 point.
TODAY’S FACTORS AND EVENTS
Import prices in Germany advanced by 12.9 percent year-on-year in June of 2021, accelerating from a 11.8 percent increase in the previous month and beating market forecasts of a 12.6 percent gain. This was the biggest annual increase in import prices since October 1981, as energy cost jumped 88.5 percent, mainly due to natural gas (150 percent) and crude oil (81.8 percent). In addition, the prices for imported intermediate goods rose by 17.1 percent, boosted by iron ore (97.4 percent), copper (49.9 percent), plastics in primary forms (44 percent), sawn and planed wood (43.9 percent), veneer, plywood, wood fiber and chipboard (41.8 percent). The prices for agricultural goods were 7.6 percent higher than in June of 2020, led by rises in natural rubber (49.1 percent), green coffee (30.1 percent) and grain (19.6 percent). On a monthly basis, import prices rose 1.6 percent, after a 1.7 percent increase in May, also beating expectations of 1.5 percent.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,618.98 with a loss of – percent or ?50.31 point.the FTSE 100 closed at 7,025.43 with a loss of – percent or –2.15 point. France’s CAC 40 closed at 6,578.60 up with + percent or +9.78 point.
WORLD MARKETS
For the day the Dow is trading at 35,144.31 up with + percent or +82.76 point. The S&P 500 is trading at 4,422.30 up with + percent or +10.51 point. The Nasdaq Composite is trading at 14,840.71 up with + percent or +3.72 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,965.98 up with + percent or +132.69 point. Hong Kong’s Hang Seng is trading at 25,525.02 with a loss of – percent or –667.30 point. China’s Shanghai Composite is trading at 3,415.15 with a loss of – percent or –52.29 point. India’s BSE Sensex is trading at 52,880.71 up with + percent or +28.44 point at 12:15 PM.