DAX Futures Update : 10 August 2021
The DAX Futures is trading at 15,737.50 with a loss of -0.14% or -21.60 point.The FTSE 100 Futures is trading at 7,063.50 with a loss of -0.18% percent or -12.50 point. The CAC 40 Futures is trading at 6,823.00 up with +0.09% percent or +6.00 point. The EURO Stoxx 50 Futures trading at 4,175.00 with a loss of -0.04% percent or -2.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s 10-year Bund yield remained below -0.45% during the second week of August, not far from a six-month low of -0.524% hit last week, amid concerns about the economic impact of the Delta variant of COVID-19 and expectations of continued massive bond buying by the European Central Bank. The ECB pledged last month to keep inflation rates at record-low levels until inflation “durably” reaches 2% target, and retained the pace of asset purchases programme at €20 billion per month, reiterating that the PEPP envelope can be recalibrated if required. Elsewhere, a strong US jobs report for July raised expectations of early tapering by the US Federal Reserve.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,745.41 with a loss of –percent or –16.04 point.the FTSE 100 closed at 7,132.30 up with + percent or +9.35 point. France’s CAC 40 closed at 6,813.18 with a loss of – percent or –3.78point.
WORLD MARKETS
For the day the Dow is trading at 35,101.85 with a loss of – percent or ?106.66 point. The S&P 500 is trading at 4,432.35 with a loss of – percent or ?4.17 point. The Nasdaq Composite is trading at 14,860.18 up with percent or +24.42 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,869.65 with + percent or +49.61 point. Hong Kong’s Hang Seng is trading at 26,504.42 up with + percent or +221.02 point. China’s Shanghai Composite is trading at 3,514.11 up with + percent or +19.48 point. India’s BSE Sensex is trading at 54,667.74 up with percent or +264.89 point at 12:15 PM.