Dax Futures Update : 29 March. 2022

The DAX Futures is trading at 14,607.50 with +0.34% percent  +49.50 point.The FTSE 100 Futures is trading at 7,473.20 up with +0.52% percent or +38.70 point.The CAC 40 Futures is trading at 6,644.80 with +0.80% percent or +53.00 point.The EURO Stoxx 50 Futures trading at 3,852.00 with +0.34% percent or +13.00 point.

TODAY’S FACTORS AND EVENTS

The yield on the German 10-year Bund rose to 0.6%, the highest since May of 2018, as investors anticipate accelerated monetary tightening cycles. Fed policymakers expressed further support for a 50bps hike in the Funds rate in May, instead of the previously expected 25bps. At the same time, rising inflationary pressures in the euro area saw money markets price four quarter-point hikes in 2022, compared with previous expectations of two. Data next Friday is expected to show the headline HICP rate in the Eurozone surged again in March, reaching a new all-time high of 6.5% year-on-year compared to 5.9% in February.

.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 14,417.37 up with +0.78% percent or +111.61   point.the FTSE 100 closed at 7,473.14 with a loss of –0.14% percent or ?10.21  point. France’s CAC 40 closed at 6,589.11 with +0.54% percent or +35.43 point.

WORLD MARKETS

For the day the Dow is trading at 34,955.89 up with +0.27% percent or +94.65 point. The S&P 500 is trading at 4,575.52 with 0.71% percent or +32.46 point. The Nasdaq Composite is trading at 14,354.90 up with 1.31% percent or +185.60  point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,189.41 up with +0.88% percent or +245.52 point. Hong Kong’s Hang Seng is trading at 21,854.16  up with +0.78% percent or +169.19 point. China’s Shanghai Composite is trading at 3,210.24 with a loss of –0.13% percent or –4.26 point. India’s BSE Sensex is trading at 57,830.41 up with +0.41% percent or +236.92  point at 12:15 PM.