Dax Futures Update : 23 August 2021
The DAX Futures is trading at 15,912.50 up with +0.65% or +103.40 point.The FTSE 100 Futures is trading at 7,118.50 up with +0.50% percent or +35.70 point. The CAC 40 Futures is trading at 6,681.80 up with +0.92% percent or +61.10 point. The EURO Stoxx 50 Futures trading at 4,174.00 up with +0.80% percent or +33.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s producer prices surged by 10.4 percent from a year earlier in July 2021, accelerating from an 8.5 percent rise in the previous month and beating market expectations of 9.2 percent. It was the largest increase in producer costs since first oil crises in January 1975, 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 (15.6 percent) and energy (20.4 percent), followed by durable consumer goods (2.2 percent), non-durable consumer goods (1.8 percent) and capital goods (1.8 percent). On monthly basis, producer prices advanced by 1.9 percent in July, also above forecasts of 0.8 percent.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,808.04 up with +percent or +42.23 point.the FTSE 100 closed at 7,087.90 up with +percent or +29.04 point. France’s CAC 40 closed at 6,626.11 up with + percent or +20.22 point.
WORLD MARKETS
For the day the Dow is trading at 35,120.08 up with + percent or +225.96 point. The S&P 500 is trading at 4,441.67 up with + percent or +35.87 point. The Nasdaq Composite is trading at 14,714.66 up with +percent or +172.88 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,494.24 up with + percent or +480.99 point. Hong Kong’s Hang Seng is trading at 25,110.53 up with + percent or +260.81 point. China’s Shanghai Composite is trading at 3,477.40 up with + percent or +50.07 point. India’s BSE Sensex is trading at 55,527.92 up with percent or +198.60 point at 12:15 PM.