DAX Futures Update : 07 March. 2022
The DAX Futures is trading at 12,717.00 up with –2.85% or -372.90 point.The FTSE 100 Futures is trading at 6,809.20 with a loss of -2.08% percent or -144.80 point. The CAC 40 Futures is trading at 6,091.00 with a loss of -4.46% percent or -284.50 point. The EURO Stoxx 50 Futures trading at 3,463.00 with a loss of -2.89% percent or –103.00 point.
TODAY’S FACTORS AND EVENTS
The IHS Markit Germany Construction PMI increased to 54.9 in February of 2022 from 54.4 in January, pointing to the strongest growth in the construction sector in two years, and led by the commercial segment, which recorded its sharpest rise in activity for over four years. With intakes of new work also rising, capacity expansion efforts led to a marked and accelerated increase in employment. Less positively, there was an uptick in the rate of input cost inflation faced by German building companies for the first time in four months, driven in part by a worsening of supply bottlenecks. This was reflected in a drop in business expectations for the coming year.
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YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,094.54 with a loss of -4.41% percent or -603.86 point.the FTSE 100 closed at 6,987.14 with a loss of -3.48% percent or -251.71 point. France’s CAC 40 closed at 6,061.66 with a loss of -4.97% percent or -316.71 point.
WORLD MARKETS
For the day the Dow is trading at 33,614.80 with a loss of 0.53%percent or –179.86 point. The S&P 500 is trading at 4,328.87 with a loss of –0.79% percent or –34.62 point. The Nasdaq Composite is trading at 13,313.44 with a loss of –1.66% percent or –224.50 point.
In other parts of world, Japan’s Nikkei 225 is trading at 25,221.41 with a loss of –2.94% percent or –764.06 point. Hong Kong’s Hang Seng is trading at 21,112.88 with a loss of –3.62% ercent or –792.41 point. China’s Shanghai Composite is trading at 3,367.32 with a loss of –2.33% percent or –80.33 point. India’s BSE Sensex is trading at 53,094.70 with a loss –2.28% percent or –1,239.11 point at 12:15 PM.