Dax Futures Update : 20 Sept 2021
The DAX Futures is trading at 15,341.00 with a loss of -0.97% or -151.00 point.The FTSE 100 Futures is trading at 6,882.00 with a loss of -0.90%% percent or -62.80 point. The CAC 40 Futures is trading at 6,557.50 with a loss of -0.99% percent or -65.50 point. The EURO Stoxx 50 Futures trading at 4,062.00 with +0.32% percent or +13.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s producer prices surged by 12.0 percent from a year earlier in August 2021, accelerating from a 10.4 percent rise in the previous month and beating market expectations of 11.4 percent. It was the largest increase in producer costs since December 1974, reflecting a low base effect from last year due to the coronavirus-induced restrictions and the ongoing economic recovery. Main upward pressure came from energy (24.0 percent) and intermediate products (17.1 percent), followed by durable consumer goods (2.8 percent), capital goods (2.4 percent) and non-durable consumer goods (2.1 percent). On monthly basis, producer prices advanced by 1.5 percent in August, also above forecasts of 0.8 percent.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,490.17 with a loss of percent or point.the FTSE 100 closed at 6,963.64 with a loss of –percent or –63.84 point. France’s CAC 40 closed at 6,570.19 with a loss of – percent or 52.40 point.
WORLD MARKETS
For the day the Dow is trading at 34,584.88 with a loss of –percent or +236.82 point. The S&P 500 is trading at 4,432.99 with a loss of – percent or –40.76 point. The Nasdaq Composite is trading at 15,043.97 with a loss of –percent or –137.96 point.
In other parts of world, Japan’s Nikkei 225 is trading at 30,500.05 up with + percent or +176.71 point. Hong Kong’s Hang Seng is trading at 24,071.19 with a loss of – ercent or –399.40 point. China’s Shanghai Composite is trading at 3,613.97 with percent or +6.87 point. India’s BSE Sensex is trading at 58,932.80 with a loss of – percent or ?83.09 point at 12:15 PM.