DAX Futures Update : 06 August 2021

The DAX Futures is trading at 15,742.00 up with +0.07% or +11.00 point.The FTSE 100 Futures is trading at 7,054.50 with a loss of -0.07% percent or -5.00 point. The CAC 40 Futures is trading at 6,775.00 up with +0.44% percent or +30.00 point.  The EURO Stoxx 50 Futures trading at 4,125.00 with +0.29% percent or +12.00 point.

TODAY’S FACTORS AND EVENTS

Germany’s industrial production fell by 1.3 percent from a month earlier in June 2021, a third consecutive month of contraction and compared with market expectations of a 0.5 percent growth. The latest reading added to signs that recovery is slowing in Europe’s biggest economy, as supply bottlenecks for intermediate goods continued to weigh on production. Output was down for intermediate (-0.9 percent) and capital goods (-2.9 percent), as well as construction (-2.6 percent) and energy (-0.6 percent). Meanwhile, production of consumer goods increased by 3.4 percent.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,744.67 up with +0.33% percent or +52.54 point.the FTSE 100 closed at 7,120.43  with a loss of –0.048% percent or ?3.43 point. France’s CAC 40 closed at 6,781.19 up with +0.52% percent or +34.96 point.

WORLD MARKETS

For the day the Dow is trading at 35,064.25 up with +0.78% percent or +271.58 point. The S&P 500 is trading at 4,429.10 up with +0.60% percent or +26.44 point. The Nasdaq Composite is trading at 14,895.12 up with +0.78% percent or +114.58 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,797.60 with a loss of –0.22% percent or –59.69 point. Hong Kong’s Hang Seng is trading at 26,202.07 up with +0.99% percent or +259.48 point. China’s Shanghai Composite is trading at 3,437.58 with a loss of –0.74% percent or ?25.46 point. India’s BSE Sensex is trading at 54,344.27 with a loss of –0.27% percent or –148.57 point at 12:15 PM.