Dax Futures Update : 21 Jan. 2022
The DAX Futures is trading at 15,691.00 with a loss of -0.08% or -12.90 point.The FTSE 100 Futures is trading at 7,436.80 with a loss of -1.15% percent or -86.20 point. The CAC 40 Futures is trading at 7,117.50 with a loss of -0.76% percent or -54.50 point. The EURO Stoxx 50 Futures trading at 4,220.00 with a loss of -0.45% percent or -19.00 point.
TODAY’S FACTORS AND EVENTS
Producer inflation in Germany accelerated for a 12th straight month to a new all-time high of 24.2% in December of 2021, above 19.2% in November and forecasts of 19.4%. Soaring energy costs continue to make the biggest upward contribution (prices up 69%), namely the distribution of natural gas (121.9%) and electricity (74.3%). Excluding energy, producer inflation was 10.4%. Cost also increased for intermediate goods (19.3%), namely metals (36.1%), secondary raw materials (69.1%), of wooden containers (66.9%); non-durable consumer goods (4.7%), mainly crude vegetable oils (54.5%) and butter (48.1%); and capital goods (3.8%), namely computing machines (18.5%) and metal structures and parts of structures (17.9%). Considering full 2021, producer prices increased 10.5% on average, with energy prices soaring 24.8%, mainly driven by distribution of natural gas (41.7%), petroleum (27.6%) and electricity (25.1%).
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YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,912.33 with 0.65% percent or +102.61 point.the FTSE 100 closed at 7,585.01 with a loss of -0.061% percent or ?4.65 point. France’s CAC 40 closed at 7,194.16 up with +0.30% percent or +21.18 point.
WORLD MARKETS
For the day the Dow is trading at 34,715.39 with a loss of –0.89%percent or –313.26 point. The S&P 500 is trading at 4,482.73 with a loss of –1.10% percent or –50.03 point. The Nasdaq Composite is trading at 14,154.02 with a loss of –1.30% percent or –186.23 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,522.26 with a loss of –0.90% percent or –250.67 point. Hong Kong’s Hang Seng is trading at 155.10 with a loss of –0.96% ercent or –1.50 point. China’s Shanghai Composite is trading at 3,524.91 with a loss of –0.85% percent or –30.15 point. India’s BSE Sensex is trading at 59,049.00 with a loss of –0.70% percent or –415.62 point at 12:15 PM.