DAX Futures Morning Update As On 19 Oct. 2021

Dax Future Chart as on 19 Oct 2021

Dax Futures Update : 19 Oct 2021

The DAX Futures is trading at 15,493.50 with +0.12% or +18.50 point.The FTSE 100 Futures is trading at 7,190.00 up with +0.11% percent or +8.00 point. The CAC 40 Futures is trading at 6,671.00 up with -0.92% percent or -62.00 point.  The EURO Stoxx 50 Futures trading at 4,151.00 up with +0.19% percent or +8.00 point.

 

 

TODAY’S FACTORS AND EVENTS

The consumer price inflation rate in Germany was confirmed at 4.1% year-on-year in September 2021, the highest level since December 1993, due to further recovery in domestic demand and base effects from low prices in 2020, in particular the temporary lowering of VAT rates and a decline in the price of petroleum products. The introduction of CO2 pricing as of January 2021 and crisis-related effects, such as marked price increases at upstream stages in the economic process, are also weighing on the CPI. Goods prices rose by 6.1% (vs 5.6% in August), boosted by energy (14.3% vs 12.6%) and food cost (4.9% vs 4.6%). Meanwhile, services inflation was steady (at 2.5%), on the back of net rents exclusive of heating expenses (1.4%), services of social facilities (5%), maintenance and repair of vehicles (5.4%) and for catering services in restaurants, cafes and the like (3.6%). On a monthly basis, consumer prices were unchanged for a second straight month in September.

 

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,474.47 with a loss of –0.72% percent or 112.89 point.the FTSE 100 closed at 7,203.83 with a loss of –0.42% percent or ?30.20 point. France’s CAC 40 closed at 6,673.10 with a loss of -0.81% percent or -54.42 point.

 

 

WORLD MARKETS

For the day the Dow is trading at 35,258.61 with a loss of –0.10% percent or -36.15 point. The S&P 500 is trading at 4,486.46 up with +0.34% percent or +15.09 point. The Nasdaq Composite is trading at 15,021.81 up with +0.84% percent or +124.47 point.

In other parts of world, Japan’s Nikkei 225 is trading at 29,215.52 up with +0.65% percent or +0.65% point. Hong Kong’s Hang Seng is trading at 25,769.28 up with +1.43% percent or +363.69 point. China’s Shanghai Composite is trading at 3,592.46 up with +0.68% percent or +24.33 point. India’s BSE Sensex is trading at 62,134.26 up up with +0.60% percent or +368.67 point at 12:15 PM.