Dax Futures Update : 06 Sept 2021
The DAX Futures is trading at 15,796.00 up with +0.19% or +30.50 point.The FTSE 100 Futures is trading at 7,147.30 with +0.10% percent or +7.10 point. The CAC 40 Futures is trading at 6,677.00 with a loss of -1.24% percent or -84.00 point. The EURO Stoxx 50 Futures trading at 4,203.00 with +0.10% percent or +4.00 point.
TODAY’S FACTORS AND EVENTS
New orders for German manufactured goods unexpectedly increased 3.4 percent month-over-month in July 2021, following an upwardly revised 4.6 percent rise in June and easily beating market forecasts of a 1.0 percent fall. New orders reached the highest level since the beginning of the time series in 1991, mainly due to robust foreign demand (8.0 percent) as demand from countries outside the Eurozone jumped 15.7 percent due to many major orders especially from the shipbuilding sector. Meanwhile, orders from the bloc were down 4.1% and domestic orders fell by 2.5 percent. By category, new orders increased for capital goods (5.4 percent) and consumer goods (7.5 percent), but declined for intermediate goods (-0.5 percent). Compared with February 2020, which was the month before restrictions were imposed due to the pandemic in Germany, new orders were 15.7 percent higher.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,781.20 with a loss of –percent or – point.the FTSE 100 closed at 7,138.35 with a loss of –percent or ?25.55 point. France’s CAC 40 closed at 6,689.99 with a loss of – percent or ?73.09 point.
WORLD MARKETS
For the day the Dow is trading at 35,369.09 with a loss of –percent or ?74.73 point. The S&P 500 is trading at 4,535.43 with a loss of – percent or –1.52 point. The Nasdaq Composite is trading at 15,363.52 up with +percent or +32.34 point.
In other parts of world, Japan’s Nikkei 225 is trading at 29,692.80 up with + percent or +564.69 point. Hong Kong’s Hang Seng is trading at 26,104.96 up with + percent or +199.24 point. China’s Shanghai Composite is trading at 3,622.53 up with +percent or +40.80 point. India’s BSE Sensex is trading at 57,914.49 up with + percent or +61.95 point at 12:15 PM.