Dax Futures Update : 12 August 2021
The DAX Futures is trading at 15,822.50 with a loss of -0.12% or -18.40 point.The FTSE 100 Futures is trading at 7,158.80 up with +0.08% percent or +5.80 point. The CAC 40 Futures is trading at 6,869.00 up with +0.73% percent or +49.50 point. The EURO Stoxx 50 Futures trading at 4,198.00 with a loss of -0.06% percent or -2.00 point.
TODAY’S FACTORS AND EVENTS
The consumer price inflation rate in Germany was confirmed at 3.8 percent year-on-year in July 2021, the highest level since December 1993, reflecting the re-opening of Europe’s largest economy, the low base effect caused by the coronavirus crisis and the temporary reduction of VAT rates in July-December 2020. Goods prices rose by 5.4 percent (vs 3.1 percent in June), boosted by energy (11.6 percent vs 9.4 percent) and food cost (4.3 percent vs 1.2 percent). Additional upward pressure came from clothing (6.2 percent) and vehicles (5.2 percent) as well as furniture and lighting equipment (4.0 percent). In addition, services inflation accelerated to 2.2 percent from 1.6 percent, on the back of net rents exclusive of heating expenses (1.4 percent), services of social facilities (5.1 percent), maintenance and repair of vehicles (4.9 percent) and for catering services in restaurants, cafes and the like (3.6 percent). On a monthly basis, consumer prices jumped 0.9 percent in July.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,826.09 up with +percent or ++55.38 point.the FTSE 100 closed at 7,220.14 up with + percent or +59.10 point. France’s CAC 40 closed at 6,857.99 with percent or +37.78 point.
WORLD MARKETS
For the day the Dow is trading at 35,484.97 up with + percent or +220.30 point. The S&P 500 is trading at 4,447.70 up with + percent or +10.95 point. The Nasdaq Composite is trading at 14,765.14 with a loss of percent or –22.95 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,011.09 with a loss of – percent or ?59.42 point. Hong Kong’s Hang Seng is trading at 26,531.94 with a loss of – percent or ?128.22 point. China’s Shanghai Composite is trading at 3,528.93 with a loss of – percent or ?3.69 point. India’s BSE Sensex is trading at 54,664.81 up with + percent or +138.88 point at 12:15 PM.