Dax Futures Update : 09 March. 2022
The DAX Futures is trading at 13,029.00 up with +0.50% or +64.70 point. The FTSE 100 Futures is trading at 7,003.20 with +1.01% percent or +70.20 point. The CAC 40 Futures is trading at 6,053.00 with +1.25% percent or +74.50 point.The EURO Stoxx 50 Futures trading at 3,563.00 with +0.25% percent or +9.00 point.
TODAY’S FACTORS AND EVENTS
The yield on the German 10-year Bund climbed back again above 0%, as investors continue to monitor Russia-Ukraine conflict and as reports showed the European Union is considering a joint-bond sale to fund energy and defense spending. Investors also await the ECB monetary policy decision on Thursday and the release of its latest macroeconomic projections, with markets anticipating no changes in borrowing costs as the outlook of the bloc’s economy deteriorated following Russia’s invasion of Ukraine. Still, investors will be looking for hints on the likelihood of a rate hike this year as inflation is already running at record highs and is seen accelerating on the back of higher energy prices.
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YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,831.51 with a loss of -0.024% percent or -3.14 point.the FTSE 100 closed at 6,964.11 up with +0.067% percent or +4.63 point. France’s CAC 40 closed at 5,962.96 with a loss of -0.32% percent or ?19.31 point.
WORLD MARKETS
For the day the Dow is trading at 32,632.64 with a loss of –0.56% percent or –184.74 point. The S&P 500 is trading at 4,170.70 with a loss of –0.72% percent or –30.39 point. The Nasdaq Composite is trading at 12,795.55 with a loss of –0.28% percent or ?35.41 point.
In other parts of world, Japan’s Nikkei 225 is trading at 24,813.13 up with +0.089% percent or +22.18 point. Hong Kong’s Hang Seng is trading at 20,178.88 with a loss of –2.83% ercent or –588.12 point. China’s Shanghai Composite is trading at 3,185.63 with a loss of –3.28% percent or –107.90 point. India’s BSE Sensex is trading at 53,937.16 up with +0.96% percent or +513.07 point at 12:15 PM.