DAX Futures Morning Update As On 17 Dec. 2021

Dax Futures Update : 17 Dec 2021

The DAX Futures is trading at 15,548.50 with a loss of -0.19% or -29.00 point.The FTSE 100 Futures is trading at 7,180.00 with a loss of -0.38% percent or -27.50 point. The CAC 40 Futures is trading at 6,968.80 up with +0.60% percent or +41.80 point.  The EURO Stoxx 50 Futures trading at 4,160.00 with a loss of -0.10% percent or -4.00 point.

 

 

TODAY’S FACTORS AND EVENTS

The yield on the German 10-year recovered ground to -0.33% after the European Central Bank monetary policy meeting, where policymakers announced the end of PEPP net acquisitions by March 2022 and will gradually thin its long-term net asset purchases program to a monthly €20B by October 2022. Policymakers also said they would extend the reinvestment phase of the asset purchases program past the time when it starts raising interest rates, as long as it’s needed to maintain favorable liquidity conditions. At the same time, the Bank of England became the first major central bank to raise interest rates while the US Fed also said it would accelerate the tapering of its asset purchases, while eyeing rate hikes next year.

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YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,636.40 up with +1.03% percent or +160.05  point. the FTSE 100 closed at 7,260.61 up with +1.25% percent or +89.86 point. France’s CAC 40 closed at 7,005.07 up with +1.12% percent or +77.44  point.

 

WORLD MARKETS

For the day the Dow is trading at 35,897.64 with a loss of –0.083% percent or –29.79  point. The S&P 500 is trading at 4,668.67  with a loss of –0.87% percent or 41.18 point. The Nasdaq Composite is trading at 15,180.44 with a loss of –2.47% percent or –385.15  point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,596.19 with a loss of –1.62% percent or –470.13 point. Hong Kong’s Hang Seng is trading at 23,167.80 with a loss of  –1.31% ercent or –307.70 point. China’s Shanghai Composite is trading at 3,638.07 with a loss of –1.01% percent or –36.95 point. India’s BSE Sensex is trading at 57,276.51 with a loss of –1.08% percent or –624.63  point at 12:15 PM.