Dax Futures Update : 01 Nov 2021
The DAX Futures is trading at 15,739.00 with +0.17% or +26.00 point.The FTSE 100 Futures is trading at 7,241.50 up +0.18% percent or +12.70 point. The CAC 40 Futures is trading at 6,854.00 with +0.79% percent or +54.00 point.The EURO Stoxx 50 Futures trading at 4,260.00 with +0.16% percent or +7.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s 10-year yield rose beyond -0.1% at the end of October, a level not seen since May 2019, as the European Central Bank President failed to calm markets that are pricing in two ECB rate hikes by the end of next year and as long-term inflation expectations stood above the ECB’s target. Speaking at a press conference after the interest rate decision release, President Christine Lagarde said policymakers discussed the risk that inflation would remain above the ECB’s target in 2022, while media reports indicated that policy makers diverged on their views about the inflation rate in 2023. On Thursday, the central bank left its monetary policy unchanged and said it would maintain its guidance to keep interest rates at record-low levels for years to come.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,688.77 with a loss of –0.048% percent or ?7.56 point.the FTSE 100 closed at 7,237.57 with a loss of –0.16% percent or ?11.90 point. France’s CAC 40 closed at 6,830.34 up with +0.38% percent or +26.12 point.
WORLD MARKETS
For the day the Dow is trading at 35,819.56 up with +0.25%percent or +89.08 point. The S&P 500 is trading at 4,605.38 up with +0.19% percent or +8.96 point. The Nasdaq Composite is trading at 15,498.39 up with +0.33% percent or +50.27 point.
In other parts of world, Japan’s Nikkei 225 is trading at 29,651.18 up with +2.63% percent or +766.99 point. Hong Kong’s Hang Seng is trading at 25,132.07 with a loss of – 0.97% ercent or –245.17 point. China’s Shanghai Composite is trading at 3,544.86 with a loss of –0.070% percent or ?2.47 point. India’s BSE Sensex is trading at 59,532.99 up with +0.38% percent or +226.06 point at 12:15 PM.