Dax Futures Update : 18 Nov 2021

The DAX Futures is trading at 16,260.00 up with +0.02% or +2.50 point.The FTSE 100 Futures is trading at 7,276.00 with a loss of -0.04% percent or -3.00 point. The CAC 40 Futures is trading at 7,149.00 with a loss of -0.05% percent or -3.50 point.  The EURO Stoxx 50 Futures trading at 4,396.00 up with 0.00% percent or 0.00 point.

 

 

TODAY’S FACTORS AND EVENTS

Germany’s benchmark Bund yield hovered around -0.25%, not far from a 7-week low of -0.30% reached last week as the European Central Bank is expected to take longer than most central banks to normalize monetary policy. ECB president Christine Lagarde said on Monday that tightening monetary policy to curb inflation could choke off the eurozone’s recovery, and maintained that factors pushing prices higher would fade next year, in an increasing contrast from hawkish hints from other central banks. On the economic data front, second estimates confirmed the Euro area rebounded 2.2% in Q3 and the annual inflation rate in the Euro Area was confirmed at 4.1% in October, the highest since July 2008. Meanwhile, both Austria and the Netherlands announced lockdown measures and Germany is also due to meet next week to discuss tightening measures as infections started to peak.

 

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 16,251.13 up with +0.020% percent or +3.27 point.the FTSE 100 closed at 7,291.20 with a loss of –0.49% percent or –35.77  point. France’s CAC 40 closed at 7,156.85 up with +0.059%  percent or +23.97  point.

 

 

WORLD MARKETS

For the day the Dow is trading at 35,931.05 with a loss of –0.58%percent or ?211.17  point. The S&P 500 is trading at 4,688.67  with a loss of  –0.26% percent or –12.23  point. The Nasdaq Composite is trading at 15,921.57 with a loss of –0.33% percent or –52.28   point.

In other parts of world, Japan’s Nikkei 225 is trading at Nikkei 225 with a loss of –0.11% percent or  –33.95 point. Hong Kong’s Hang Seng is trading at 25,298.29 with a loss of –1.37% ercent or –351.79 point. China’s Shanghai Composite is trading at 3,527.86 with a loss of –0.27% percent or –9.51   point. India’s BSE Sensex is trading at 59,502.70 with a loss of –0.84% percent or –505.63  point at 12:15 PM.