DAX Futures Morning Update As On 20 Oct. 2021

Dax Futures Update : 20 Oct 2021

The DAX Futures is trading at 15,481.00 with  a loss of -0.06%  or -10.00 point.The FTSE 100 Futures is trading at 7,203.00  up with +0.03% percent or +2.50 point. The CAC 40 Futures is trading at 6,654.50  up with -0.20% percent or -13.50 point.  The EURO Stoxx 50 Futures trading at 4,148.00 with a loss of  -0.19% percent or -8.00 point.

 

TODAY’S FACTORS AND EVENTS

Germany’s producer prices jumped by 14.2 percent from a year earlier in September 2021, accelerating from a 12.0 percent rise in the previous month and beating market expectations of 12.7 percent. It was the largest increase in producer costs since October 1974, when prices rose strongly during the first oil crisis, mainly due to a jump in energy prices, ongoing supply disruptions and a low base year. Energy cost climbed 32.6 percent, driven by natural gas (58.9 percent), while there were also increases in prices of intermediate products (17.4 percent), durable consumer goods (3.2 percent), capital goods (2.4 percent), and non-durable consumer goods (2.2 percent). On monthly basis, producer prices advanced by 2.3 percent in September, also above forecasts of 1 percent.

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,515.83 with 0.27% percent or +41.36  point.the FTSE 100 closed at 7,217.53 up with +0.19% percent or +13.70    point. France’s CAC 40 closed at 6,669.85  with a loss of 0.049% percent or –3.25     point.

 

WORLD MARKETS

For the day the Dow is trading at 35,457.31 up with +0.56%percent or +198.70 point. The S&P 500 is trading at 4,519.63 up with +0.74% percent or +33.17  point. The Nasdaq Composite is trading at 15,129.09 up with +0.71% percent or +107.28    point.

In other parts of world, Japan’s Nikkei 225 is trading at 29,266.36 up with +0.17% percent or +50.84  point. Hong Kong’s Hang Seng is trading at 26,108.18 up with +1.24% ercent or +320.97 point. China’s Shanghai Composite is trading at 3,588.06 with a loss of –0.14% percent or 5.09   point. India’s BSE Sensex is trading at 61,487.67  with a loss of –0.37% percent or –228.38  point at 12:15 PM.