Dax Futures Update : 12 Oct 2021
The DAX Futures is trading at 15,075.00 with -0.31% or -46.50 point. The FTSE 100 Futures is trading at 7,069.50 with -0.54% percent or -38.50 point. The CAC 40 Futures is trading at 6,526.50 with a loss of -0.50% percent or -32.50 point. The EURO Stoxx 50 Futures trading at 4,027.00 with a loss of -0.74% percent or -30.00 point.
TODAY’S FACTORS AND EVENTS
Wholesale prices in Germany increased 13.2% year-on-year in September of 2021, the highest rate since June 1974 after the first oil crisis, due to a low base effect from last year and a sharp rise in prices for raw materials and intermediate products. Biggest pressure came from cost of wholesale of metals and metal ores (62.8%) and solid fuels and mineral oil products (41.9%). Other increases were also seen for waste and scrap of iron and steel (80.8%), grain, raw tobacco, seeds and animal feed (23.9%) and agriculture, raw materials, live animals (14.0%). On a monthly basis, wholesale prices increased 0.8%.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,097.90 with a loss of -0.67% percent or -101.24 point.the FTSE 100 closed at 7,096.04 with a loss of –0.71% percent or –50.81 point. France’s CAC 40 closed at 6,520.80 with a loss of -0.76% percent or ?49.74 point.
WORLD MARKETS
For the day the Dow is trading at 34,496.06 with a loss of –0.72%percent or –250.19 point. The S&P 500 is trading at 4,361.19 with a loss of –0.69% percent or 30.15 point. The Nasdaq Composite is trading at 14,486.20 with a loss of –0.64% percent or ?93.34 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,230.61 with a loss of –0.94% percent or –267.59 point. Hong Kong’s Hang Seng is trading at 24,944.61 with a loss of –1.50% ercent or –380.48 point. China’s Shanghai Composite is trading at 3,546.94 with a loss of –1.25%percent or ?44.77 point. India’s BSE Sensex is trading at 60,035.78 with a loss of –0.17%percent or –100.00 point at 12:15 PM.