Dax Futures Update : 07 Nov 2021
The DAX Futures is trading at 16,033.50 with a loss of -0.02% or -3.50 point. The FTSE 100 Futures is trading at 7,289.00 with a loss of -0.02% percent or -1.20 point. The CAC 40 Futures is trading at 7,042.00 up with +0.82% percent or +57.50 point. The EURO Stoxx 50 Futures trading at 4,350.00 with a loss of -0.07% percent or -3.00 point.
TODAY’S FACTORS AND EVENTS
The IHS Markit Germany Construction PMI edged up to 47.7 in October of 2021 from 47.1 in September, pointing to another contraction in the construction sector as the recent downturns in activity and new orders continued, linked in part by surveyed businesses to material shortages and acute price pressures. On a more positive note, however, work on commercial building projects returned to growth after a protracted decline, while employment also increased slightly. Meanwhile, average prices paid for building materials and products increased steeply again in October, with the rate of inflation among the quickest seen since data collection began in 1999. Concrete, insulation, steel and timber were the items most often reported as up in price. Looking ahead, German constructors were somewhat divided on the outlook for activity.
For the day Germany’s DAX closed at 16,054.36 up with 0.15% percent or +24.71 point.the FTSE 100 closed at 7,303.96 up with +0.33% percent or +24.05 point. France’s CAC 40 closed at 7,040.79 up with +0.76% percent or +53.00 point.
For the day the Dow is trading at 36,327.95 up with +0.56%percent or +203.72 point. The S&P 500 is trading at 4,697.53 up with +0.37% percent or +17.47 point. The Nasdaq Composite is trading at 15,971.59 up with +0.20% percent or +31.28 point.
In other parts of world, Japan’s Nikkei 225 is trading at 29,548.00 with a loss of –0.21% percent or –63.57 point. Hong Kong’s Hang Seng is trading at 24,718.44 with a loss of –0.61% ercent or –152.07 point. China’s Shanghai Composite is trading at 3,496.56 up with +0.14% percent or +5.00 point. India’s BSE Sensex is trading at 59,912.04 with a –0.26% percent or –155.58 point at 12:15 PM.