Dax Futures Update : 07 Dec 2021
The DAX Futures is trading at 15,466.50 up with +0.48% or +74.00 point.The FTSE 100 Futures is trading at 7,246.50 up with +0.05% percent or +3.50 point. The CAC 40 Futures is trading at 6,873.00 with +1.66% percent or +112.00 point.The EURO Stoxx 50 Futures trading at 4,165.00 up with +0.36% percent or +15.00 point.
TODAY’S FACTORS AND EVENTS
The IHS Markit Germany Construction PMI edged up to 47.9 in November from 47.7 in the previous month, the highest since August 2020 but still below the 50.0 no-change threshold amid continued disruption to activity from the pandemic, including a reduction in staff availability due to either illness, COVID testing or vaccinations. New orders fell at the quickest rate for three months amid capacity constraints and as higher prices had made it more difficult to secure new work. On the price front, input price inflation eased further from July’s all-time peak but still remained among the quickest on record, and subcontractor rates likewise showed a further sharp rise to add to overall cost pressures. Meanwhile, employment continued to show a positive trend, rising for the third month in a row. Looking ahead, confidence slipped to its lowest level since June, weighed on by concerns about the effects of higher prices, lingering supply chain issues, and the direction of the pandemic.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,380.79 up with +1.39% percent or +210.81 point.the FTSE 100 closed at 7,232.28 up with +1.54% percent or +109.96 point. France’s CAC 40 closed at 6,865.78 up with +1.48% percent or +100.26 point.
WORLD MARKETS
For the day the Dow is trading at 35,227.03 up with +1.87%percent or +646.95 point. The S&P 500 is trading at 4,591.67 up with +1.17% percent or +53.24 point. The Nasdaq Composite is trading at 15,225.15 up with +0.93% percent or +139.68 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,542.88 up with +2.20% percent or +615.51 point. Hong Kong’s Hang Seng is trading at 23,745.74 up with +1.70% ercent or +396.36 point. China’s Shanghai Composite is trading at 3,582.53 with a loss of –0.19% percent or –6.78 point. India’s BSE Sensex is trading at 57,617.72 up with +1.53% percent or +870.58 point at 12:15 PM.6