Dax Futures Update : 15 Sept 2021
The DAX Futures is trading at 15,688.50 up with +0.12% or +19.50 point.The FTSE 100 Futures is trading at 7,000.50 with a loss of -0.50% percent or -35.50 point. The CAC 40 Futures is trading at 6,623.00 with a loss of -0.81% percent or -54.00 point. The EURO Stoxx 50 Futures trading at 4,159.00 with +0.02% percent or +1.00 point.
TODAY’S FACTORS AND EVENTS
The prospect of lower inflation pressures has sparked a fresh move lower for commodity prices today. Sharp declines across the likes of palladium, iron ore, platinum, and copper have sent miners lower, to the detriment of UK markets in particular. Bulls will hope that Joe Biden’s plan to ramp up infrastructure spending will help drive asset prices upwards once again. However, with Chinese growth slowing, we are starting to see some of the upside throughout the sector ease somewhat.
YESTERDAY ACTIVITY
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
WORLD MARKETS
For the day the Dow is trading at 34,577.57 with a loss of –percent or ?292.06 point. The S&P 500 is trading at 4,443.05 with a loss of – percent or ?25.68 point. The Nasdaq Composite is trading at 15,037.76 with a loss of –percent or ?67.82 point.
In other parts of world, Japan’s Nikkei 225 is trading at 30,516.97 with a loss of – percent or –151.96 point. Hong Kong’s Hang Seng is trading at 25,110.90 with a loss of – ercent or –399.40 point. China’s Shanghai Composite is trading at 3,644.28 with a loss of –percent or –18.32point. India’s BSE Sensex is trading at 58,542.02 with + percent or +294.93 point at 12:15 PM.