DAX Futures Morning Update As On 25 August. 2021

Dax futures Chart as on 25 Aug 2021

DAX Futures Update : 25 August 2021

The DAX Futures is trading at 15,888.50  with a loss of -0.01% or -2.00 point.The FTSE 100 Futures is trading at 7,094.50 up with +0.04% percent or +2.50 point. The CAC 40 Futures is trading at 6,657.50 up with -0.34% percent or -22.50 point.  The EURO Stoxx 50 Futures trading at 4,175.00 up with +0.01% percent or +0.00 point.

 

TODAY’S FACTORS AND EVENTS

The German economy expanded 1.6% on quarter in the second quarter of 2021, slightly more than 1.5% in the preliminary estimate, and rebounding from a downwardly revised 2% contraction in the first 3 months of the year, supported by private consumption and state spending after COVID-19 restrictions were eased. Private consumption surged 3.2% (-5.2% in Q1) contributing 1.6 percentage points to overall growth, public spending grew 1.8% (-0.7% in Q1) contributing 0.4% and gross fixed capital formation were up 0.5% (-0.7% in Q1). However, both exports (0.5% vs 1.4%) and imports (2.1% vs 4.2%) rose at a slower pace. Year-on-year, the economy advanced 9.4%. The German GDP is expected to grow 3.7% this year, although it may miss full-year growth targets due to the coronavirus delta variant, according to the Bundesbank

 

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,905.85 up with +percent or +53.06 point.the FTSE 100 closed at 7,125.78 up  with +percent or +16.76 point. France’s CAC 40 closed at 6,664.31 with a loss of percent or –18.79 point.

 

WORLD MARKETS

For the day the Dow is trading at 35,366.26 up with + percent or +30.55 point. The S&P 500 is trading at 4,486.23 up with + percent or +6.70 point. The Nasdaq Composite is trading at 15,019.80 up with +percent or +227.99 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,724.80  with a loss of – percent or ?7.30 point. Hong Kong’s Hang Seng is trading at 25,616.94  with a loss of – percent or ?110.98 point. China’s Shanghai Composite is trading at 3,537.68 up with + percent or +23.21 point. India’s BSE Sensex is trading at 56,017.11 up with percent or +58.13 point at 12:15 PM.