DAX Futures Morning Update As On 24 Dec. 2021

Dax Futures Update : 24 Dec 2021

The DAX Futures is trading at 15,734.40 up with +1.19% or +184.40 point.The FTSE 100 Futures is trading at 7,303.80 with a loss of -0.29% percent or -21.20 point. The CAC 40 Futures is trading at 7,094.50 with +0.76% percent or +53.50 point.The EURO Stoxx 50 Futures trading at 4,248.00 with a loss of -0.02% percent or -1.00 point.

 

 

TODAY’S FACTORS AND EVENTS

Germany’s benchmark Bund yield rose further to -0.26% in the third week of December, the highest in four weeks as risk appetite returned to markets and equity indexes recovered while investors assess how the Omicron coronavirus variant will impact the global economy. Preliminary data from Scotland, England, and South Africa pointed to lower hospitalization rates for those infected with the Omicron variant when compared to the Delta variant. Still, Germany renewed restrictions in the country amid a fourth wave, and the Netherlands entered a lockdown. On the data front, Germany’s GfK Consumer Confidence gauge for January 2022 fell more than expected to a seven-month low of -6.8. Meanwhile, ECB policymaker Peter Kazimir said inflation in the bloc could stay elevated for even longer than the ECB anticipates. Last week, the ECB announced a reduction in the pace of its asset purchases but pledged further stimulus avoiding any discussion about the possibility of future rate hikes.

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YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,756.31 up with +1.04% percent or +162.84  point.the FTSE 100 closed at 7,373.34 up with +0.43% percent or +31.68 point. France’s CAC 40 closed at 7,106.15 up with +0.77% percent or +54.48  point.

 

 

WORLD MARKETS

For the day the Dow is trading at 35,950.56 up with +0.55%  percent or +196.67 point. The S&P 500 is trading at 4,725.79 up with +0.62% percent or +0.62% point. The Nasdaq Composite is trading at 15,653.37 up with +0.85% percent or +131.48point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,814.44 up  with +0.056% percent or +16.07  point. Hong Kong’s Hang Seng is trading at 23,223.76 up with +0.13% percent or +30.12 point. China’s Shanghai Composite is trading at 3,622.85 with a loss of –0.56% percent or –20.49  point. India’s BSE Sensex is trading at 56,897.60 with a loss of –0.73% percent or –417.68 point at 12:15 PM.