Dax Futures Update : 13 Jan. 2022
The DAX Futures is trading at 15,984.50 with a loss of -0.09% or -14.50 point.The FTSE 100 Futures is trading at 7,488.20 up with +0.04% percent or +3.20 point. The CAC 40 Futures is trading at 7,238.20 with +0.80% percent or +57.70 point.The EURO Stoxx 50 Futures trading at 4,302.00 with a loss of -0.14% percent or -6.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s 10-year yield was down to -0.1%, after touching a 32-month high of -0.014% on Tuesday, as US Federal Reserve Chairman Jerome Powell sounded less hawkish than expected on the policy tightening path ahead. Meanwhile, the latest CPI report from the US showed consumer prices increased the most since 1982, as widely expected. Elsewhere, money markets are currently betting on around 15 bps of rate increase at the end of the year by the European Central Bank, in contrast with the policymakers’ guidance implying no rate hikes this year. ECB chief economist Philip Lane said earlier this week he does not see prices above the 2% target in the medium term, while new Bundesbank President Joachim Nagel voiced concerns about the spike in inflation, challenging the central bank’s narrative that the current price pressure is temporary.
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YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 16,010.32 with 0.43% percent or +68.51 point.the FTSE 100 closed at 7,551.72 up with +0.81% percent or +60.35 point. France’s CAC 40 closed at 7,237.19 up with +0.75% percent or +53.81 point.
WORLD MARKETS
For the day the Dow is trading at 36,290.32 up with +0.11%percent or +38.30 point. The S&P 500 is trading at 4,726.35 up with +0.28% percent or +13.28 point. The Nasdaq Composite is trading at 15,188.39 up with +0.23% percent or +34.94 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,489.13 with a loss of –0.96% percent or ?276.53 point. Hong Kong’s Hang Seng is trading at 24,378.86 with a loss of –0.096% ercent or ?23.31 point. China’s Shanghai Composite is trading at 3,562.51 with a loss of –0.97% percent or ?34.93 point. India’s BSE Sensex is trading at 61,205.05 up with +0.090% percent or +55.01 point at 12:15 PM.