Dax Futures Update : 12 Jan. 2022
The DAX Futures is trading at 16,041.50 with +0.33% or +52.00 point.The FTSE 100 Futures is trading at 7,471.20 up with +0.55% percent or +41.20 point. The CAC 40 Futures is trading at 7,217.50 with +1.48% percent or +105.00 point.The EURO Stoxx 50 Futures trading at 4,305.00 up with +0.21% percent or +9.00 point.
TODAY’S FACTORS AND EVENTS
Wholesale price inflation in Germany slowed for the first time in 10 months to 16.1% in December of 2021 from a record of 16.6% in November. Prices of raw materials and intermediate products were the main drivers of the increase but the largest impact came from cost of mineral oil products although prices increased slightly less in December (50.6% vs 62.4%). Considering full 2021, wholesale prices jumped 9.8%, the most since 1974, mainly due to mineral oil products (32%) and metals and metal ores (44.3). This was also influenced by a base effect due to the low price levels for many raw materials in 2020 in the context of the corona crisis
.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,941.81 up with +1.10% percent or +173.54 point.the FTSE 100 closed at 7,528.98 up with +0.50% percent or +37.61 point. France’s CAC 40 closed at 7,183.38 with a loss of –1.44% percent or –103.71 point.
WORLD MARKETS
For the day the Dow is trading at 36,252.02 up with +0.51%percent or +183.15 point. The S&P 500 is trading at 4,713.07 up with +0.92% percent or +42.78 point. The Nasdaq Composite is trading at 15,153.45 up with +1.41% percent or +210.62 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,765.66 up with +1.92% percent or +543.18 point. Hong Kong’s Hang Seng is trading at 24,353.49 up with +2.59% ercent or +614.43 point. China’s Shanghai Composite is trading at 3,597.43 up with +0.84% percent or +29.99 point. India’s BSE Sensex is trading at 61,083.69 up with +0.77% percent or +466.80 point at 12:15 PM.