Dax Futures Update : 02 Dec 2021

The DAX Futures is trading at 15,288.00 with +0.75% or +114.50 point.The FTSE 100 Futures is trading at 7,093.80 with a loss of -1.05% percent or -75.20 point. The CAC 40 Futures is trading at 6,724.50 up with +0.13% percent or +8.50 point.The EURO Stoxx 50 Futures trading at 4,125.00 up with +1.18% percent or +48.00 point.




Germany’s benchmark Bund yield gained towards -0.3%, trying to recover from a near three-month low hit at the end of November, as investors balanced concerns over the spread of the Omicron coronavirus variant with expectations of a quicker tapering by the US Federal Reserve. Federal Reserve Chair Jerome Powell said on Tuesday the central bank will probably discuss a faster withdrawal of its massive bond-buying program at its next meeting while inflationary pressure is seen lasting into mid-2022. In Europe, money market participants no longer expect an increase in the ECB deposit rate in 2022 even though the Eurozone inflation rate has risen to near all-time high in November.




For the day Germany’s DAX closed at 15,472.67 with  2.47% percent or +372.54 point.the FTSE 100 closed at 7,168.68 up with +1.55% percent or +109.23 point. France’s CAC 40 closed at 6,881.87 up with +2.39% percent or +160.71  point.




For the day the Dow is trading at 34,022.04 with a loss of  –1.34%percent or –461.68 point. The S&P 500 is trading at 4,513.04 with a loss of –1.18% percent or –53.96   point. The Nasdaq Composite is trading at 15,254.05 with a loss of –1.83% percent or –283.64    point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,806.94 with a loss of –0.46% percent or  128.68 point. Hong Kong’s Hang Seng is trading at 23,759.52 up with +0.43% ercent or +100.60  point. China’s Shanghai Composite is trading at 3,580.98 up with +0.11% percent or +4.10 point. India’s BSE Sensex is trading at 58,213.14 up with 0.92 percent or +528.35.28 point at 12:15 PM.