Dax Futures Update : 06 Oct 2021

The DAX Futures is trading at 15,050.00  with a loss of -0.74% or -112.50 point.The FTSE 100 Futures is trading at 6,996.80 with a loss of  -0.80% percent or -56.20 point. The CAC 40 Futures is trading at 6,560.50 up with +1.31% percent or +85.00 point.  The EURO Stoxx 50 Futures trading at 4,007.00 with a loss of -1.06% percent or -43.00 point.

 

 

TODAY’S FACTORS AND EVENTS

Factory orders in Germany plunged 7.7% mom in August of 2021 compared to market forecasts of a 2.1% fall. It follows strong gains in both July (4.9%) and June (4.6%), as delivery bottlenecks are weighing. Orders for motor vehicles and parts fell by 12% and metal production and processing went down 9.6%. Domestic orders dropped 5.2% and foreign ones 9.5%. Compared to February 2020, the month before the start of the coronavirus pandemic, factory orders were 8.5% higher.

 

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,194.49  with 1.05%percent or +157.94 point.the FTSE 100 closed at 7,077.10 up with +0.94% percent or +66.09  point. France’s CAC 40 closed at 6,576.28 up with 1.52% percent or +98.62  point.

 

 

WORLD MARKETS

For the day the Dow is trading at 34,314.67 up with +0.92%percent or ++311.75 point. The S&P 500 is trading at 4,345.72 up with +1.05% percent or +45.26  point. The Nasdaq Composite is trading at 14,433.83 up with +1.25% percent or +178.35  point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,528.87 with a loss of –1.05% percent or –293.25 point. Hong Kong’s Hang Seng is trading at 24,007.10 with a loss of –0.40%ercent or –97.05 point. China’s Shanghai Composite is trading at 3,568.17 up with +0.90%percent or +31.87  point. India’s BSE Sensex is trading at 59,915.11  up with +0.28% percent or +170.23 point at 12:15 PM.