DAX Futures Update : 22 Feb. 2022
The DAX Futures is trading at 14,469.50 up with -1.65% or -242.50 point.The FTSE 100 Futures is trading at 7,366.50 with a loss of -0.83% percent or -62.00 point. The CAC 40 Futures is trading at 6,692.20 with a loss of -3.30% percent or -228.30 point.The EURO Stoxx 50 Futures trading at 3,919.00 with a loss of -0.03% percent or -1.00 point.
TODAY’S FACTORS AND EVENTS
The yield on the Germany’s benchmark 10-year Bund fell to 0.18% in the last week of February, staying below 3-year highs of 0.33% hit last week, as traders continue to follow the back-and-forth on the Ukrainian crisis while hoping a diplomatic solution could be reached. Meanwhile, inflationary pressures in the Eurozone economy persist, according to fresh Markit PMIs and German producer prices data, strengthening the case for the ECB to tight monetary policy. Several ECB officials have been calling for an end to the ECB’s bond-buying programme, which is a precondition set by the ECB for raising rates. Still, ECB Chief Christine Lagarde reiterated last week that any change in the bank’s policy will be gradual.
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YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 14,731.12 with a loss of -2.07% percent or -311.39 point.the FTSE 100 closed at 7,484.33 with a loss of -0.39% percent or -29.29 point. France’s CAC 40 closed at 6,788.34 with a loss of -2.04% percent or -141.29 point.
WORLD MARKETS
For the day the Dow is trading at 34,079.18 with a loss of –0.68%percent or –232.85 point. The S&P 500 is trading at 4,348.87 with a loss of –0.72% percent or –31.39 point. The Nasdaq Composite is trading at 13,548.06 with a loss of –1.23% percent or –168.65 point.
In other parts of world, Japan’s Nikkei 225 is trading at 26,425.14 with a loss of –1.80% percent or –487.46 point. Hong Kong’s Hang Seng is trading at 23,417.26 with a loss of –3.11% ercent or –752.81 point. China’s Shanghai Composite is trading at 3,443.25 with a loss of –1.36% percent or –47.36 point. India’s BSE Sensex is trading at 57,009.00 with a loss of –1.17% percent or –674.59 point at 12:15 PM.