Dax Futures Update : 28 Sept 2021
The DAX Futures is trading at 15,590.50 with +0.07% or +11.50 point. The FTSE 100 Futures is trading at 7,038.80 up with +0.10% percent or +5.20 point. The CAC 40 Futures is trading at 6,653.00 up with +0.36% percent or +24.00 point. The EURO Stoxx 50 Futures trading at 4,158.00 up with +0.25% percent or +10.00 point.
TODAY’S FACTORS AND EVENTS
The GfK Consumer Climate Indicator in Germany rose to 0.3 heading into October of 2021 from an upwardly revised -1.1 in September and beating market forecasts of -1.6. It is the highest reading since April of 2020 and closer to pre-pandemic levels, as both economic and income expectations improved and the propensity to buy rose slightly. The number of coronavirus infections is falling significantly and consumers believe the fourth wave of the pandemic will be less pronounced than many feared, leaving space for a further relaxation of restrictions again. Despite the rebound in consumer sentiment, GfK analysts consider it’s too early to talk about a fundamental trend shift.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,573.88 up with 0.27%percent or +42.13point.the FTSE 100 closed at 7,063.40 with 0.17% percent or +11.92 point. France’s CAC 40 closed at 6,650.91 up with +0.19%percent or +12.45 point.
WORLD MARKETS
For the day the Dow is trading at 34,869.37 up with +0.21%percent or +71.37 point. The S&P 500 is trading at 4,443.11 with a loss of –0.28% percent or ?12.37 point. The Nasdaq Composite is trading at 14,969.97 with a loss of 0.52% percent or –4.54 point.
In other parts of world, Japan’s Nikkei 225 is trading at 30,191.81 with a loss of –0.16% percent or –48.25 point. Hong Kong’s Hang Seng is trading at 24,654.95 up with +1.84%ercent or +446.17point. China’s Shanghai Composite is trading at 3,606.81 up with +0.67%percent or +23.98 point. India’s BSE Sensex is trading at 59,818.90 up with 0.43% percent or ?258.98 point at 12:15 PM.