Dax Futures Update : 06 Jan. 2022

The DAX Futures is trading at 15,962.00 with a loss of -0.76% or –122.50 point.The FTSE 100 Futures is trading at 7,346.00 with -1.55% percent or -115.50 point. The CAC 40 Futures is trading at 7,285.80 up with -0.38% percent or -27.70 point.The EURO Stoxx 50 Futures trading at 4,284.00 with a loss of -0.83% percent or -36.00 point.

 

 

TODAY’S FACTORS AND EVENTS

The IHS Markit Germany Composite PMI was revised slightly lower to 49.9 in December of 2021 from a preliminary of 50, as a rise in manufacturing (57.4) was offset by a decline in services (48.7) caused by a resurgence in the pandemic and renewed virus containment measures. Overall new business waned at the end of the fourth quarter, led by a notable drop in demand across the service sector. Nevertheless, there was a broad-based improvement in expectations towards activity over the next 12 months, reflecting hopes that current constraints would ease over the course of 2022. December saw a slowdown in the overall rate of job creation to a nine-month low. That said, the result masked an uptick in manufacturing employment growth. On the price front, latest data showed further sharp increases in both input costs and average prices charged. Rates of inflation did, however, slip back from November’s record highs to three-month lows.

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YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 16,271.75  up with +0.74% percent or +119.14 point.the FTSE 100 closed at 7,516.87 with 0.16% percent or +11.72 point. France’s CAC 40 closed at 7,376.37 up with +0.81% percent or +58.96  point.

 

 

WORLD MARKETS

For the day the Dow is trading at 36,407.11  with a loss of –1.07%percent or –392.54  point. The S&P 500 is trading at 4,700.58 with a loss of –1.94% percent or ?92.96  point. The Nasdaq Composite is trading at 15,100.17 with a loss of –3.34% percent or ?522.54   point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,538.77 with a loss of –2.70% percent or ?793.39  point. Hong Kong’s Hang Seng is trading at 22,760.69 with a loss of –0.64% ercent or ?146.56 point. China’s Shanghai Composite is trading at 3,587.49 with a loss of –0.21% percent or ?7.68   point. India’s BSE Sensex is trading at 59,306.10 with a loss of –1.52% percent or ?917.05  point at 12:15 PM.