Dax Futures Update : 07 Jan. 2022

The DAX Futures is trading at 16,050.50 with +0.15% or +23.90 point. The FTSE 100 Futures is trading at 7,399.50 up with +0.19% percent or +14.00 point. The CAC 40 Futures is trading at 7,226.80 with a loss of  -1.98% percent or -146.20 point.The EURO Stoxx 50 Futures trading at 4,320.00 up with +0.28% percent or +12.00 point.

 

 

TODAY’S FACTORS AND EVENTS

Industrial production in Germany unexpectedly edged down 0.2% mom in November of 2021, following a downwardly revised 2.4% rise in October and compared to market forecasts of a 1% jump, suggesting the industrial recovery remains very fragile and that supply constraints and shortages of raw materials continue to weigh. The output for capital goods declined 0.6%, mainly due to a 3.6% drop in the manufacture of machinery and equipment while production of motor vehicles, trailers and semi-trailers rose 4.1%. Also, production of intermediate goods and consumer goods increased by 0.8% each. Outside of industry, energy production was down by 4.4% and production in construction decreased by 0.8%. Compared with February 2020, the month before restrictions were imposed due to the corona pandemic, production was 7% lower.

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YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 16,052.03  with a loss of 1.35% percent or –219.72 point.the FTSE 100 closed at 7,450.37 with a loss of –0.88% percent or ?66.50 point. France’s CAC 40 closed at 7,249.66 with a loss of –1.72% percent or –126.71  point.

 

WORLD MARKETS

For the day the Dow is trading at 36,236.47  with a loss of –0.47%percent or –170.64  point. The S&P 500 is trading at 4,696.05 with a loss of –0.096% percent or –4.53  point. The Nasdaq Composite is trading at 15,080.86 with a loss of –0.13% percent or ?19.31   point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,478.56 with a loss of –0.033% percent or –9.31  point. Hong Kong’s Hang Seng is trading at 23,420.19 up with +1.51% ercent or +347.33  point. China’s Shanghai Composite is trading at 3,579.54 with a loss of –0.18% percent or ?6.54    point. India’s BSE Sensex is trading at 59,443.66 with a loss of –0.27% percent or ?158.18  point at 12:15 PM.