Dax Futures Update : 26 Nov 2021

The DAX Futures is trading at 15,517.00  with a loss of -2.54% or -404.50 point.The FTSE 100 Futures is trading at 7,141.00 with a loss of -2.29% percent or -167.00 point. The CAC 40 Futures is trading at 7,069.50 with +0.50% percent or ++35.00 point.  The EURO Stoxx 50 Futures trading at 4,160.00 with a loss of -2.99% percent or -128.00 point.

TODAY’S FACTORS AND EVENTS

Import prices in Germany surged 21.7% year-on-year in October of 2021, a new fresh high since January of 1980 and beating market consensus of a 19.6% rise, after a 17.7% growth in the previous month, mainly due to a surge in energy prices, and a low base effect from last year. Energy prices jumped 141.0%, mainly due to natural gas (193.9%), as well as crude oil (105.9%). Meanwhile, intermediate goods rose 22.1% from last year, with upward pressure coming from textile (7.6%), chemicals (29.4%). On a monthly basis, import prices advanced 3.8%, also beating expectations of 2.1%.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,917.98  up with +0.25% percent or +39.59 point. the FTSE 100 closed at 7,310.37 up with +0.00% percent or +0.00 point. France’s CAC 40 closed at 7,075.87 up with +0.48%  percent or +33.64  point.

WORLD MARKETS

For the day the Dow is trading at 35,804.38 with  a loss of –0.026% percent or –9.42 point. The S&P 500 is trading at 4,701.46 up with +0.23% percent or +10.76  point. The Nasdaq Composite is trading at 15,845.23 up with +0.44% percent or +70.09    point.

In other parts of world, Japan’s Nikkei 225 is trading at 29,530.17 up with +0.44% percent or  +70.09 point. Hong Kong’s Hang Seng is trading at 24,092.76 up with +2.62% percent or +647.40 point. China’s Shanghai Composite is trading at 3,564.09 with a loss of –0.56% percent or –20.09  point. India’s BSE Sensex is trading at 57,643.22 with a loss of –1.96% percent or –1,151.87  point at 12:15 PM.