Dax Futures Update : 06 Dec 2021
The DAX Futures is trading at 15,279.50 with +0.71% or +107.00 point.The FTSE 100 Futures is trading at 7,174.80 up with +0.65% percent or +46.60 point. The CAC 40 Futures is trading at 6,772.00 with a loss of -0.27% percent or -18.50 point.The EURO Stoxx 50 Futures trading at 4,119.00 up with +0.96% percent or +39.00 point.
TODAY’S FACTORS AND EVENTS
The IHS Markit Germany Composite PMI was revised lower to 52.2 in November of 2021 from a preliminary of 52.8 but still remained above an eight-month low of 52.0 hit in October. The latest reading indicated a slight acceleration of business activity growth, as the services expanded slightly faster (52.7 vs 52.4 in October) while manufacturing growth slowed to a ten-month low (57.4 vs 57.8). Still, neither sector booked strong gains, as overall demand for goods and services was affected by concerns over the fourth wave of coronavirus and tighter containment measures, as well as supply issues. Meanwhile, there was also another notable rise in private sector employment, owing mainly to a robust round of job creation across the services economy. On the price front, inflationary pressures remained sharp. Finally, expectations towards the outlook dropped to a 13-month low in November.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,169.98 with a loss of –0.61% percent or –93.13 point.the FTSE 100 closed at 7,122.32 with a loss of –0.097% percent or –6.89 point. France’s CAC 40 closed at 6,765.52 with a loss of –0.44% percent or –30.23 point.
WORLD MARKETS
For the day the Dow is trading at 34,580.08 with a loss of –0.17%percent or ?59.71 point. The S&P 500 is trading at S&P 500 with a loss of –0.84% percent or –38.67 point. The Nasdaq Composite is trading at 15,085.47 with a loss of –1.92% percent or –295.85 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,939.75 with a loss of –0.32% percent or 89.82 point. Hong Kong’s Hang Seng is trading at 23,450.90 with a loss of –1.33% ercent or –315.79 point. China’s Shanghai Composite is trading at 3,613.48 up with +0.17% percent or +6.04 point. India’s BSE Sensex is trading at 57,391.71 with a loss of –0.53% percent or –304.75 point at 12:15 PM.