FTSE Futures Update : 12 April. 2022
The DAX Futures is trading at 13,983.00 with a loss of -0.74% percent -101.50 point. The FTSE 100 Futures is trading at 7,517.00 with a loss of -0.79% percent or -60.00 point. The CAC 40 Futures is trading at 6,408.80 with a loss of -0.65% percent or -41.70 point. The EURO Stoxx 50 Futures trading at 3,710.00 with a loss of -0.59% percent or -22.00 point.
TODAY’S FACTORS AND EVENTS
The yield on the German 10-year Bund rose to above 0.8%, the highest since 2015, as markets price in a 70 bps of ECB rate increases by year-end, compared with 65bps last week ahead of the ECB policy meeting on Thursday. The ECB’s March meeting minutes came in more hawkish than anticipated, with officials signaling plans to end its asset purchase programme in Q3 and a large number wanted an immediate normalization of policy due to the current high level of inflation and its persistence after flash estimates pointed to another record inflation of 7.5% in March. Elsewhere, President Emmanuel Macron clinch the top spot in the French presidential election on Sunday but far-right leader Marine Le Pen’s close second-place finish sets up a competitive runoff election on April 24.
For the day Germany’s DAX closed at 14,192.78 with a loss of –0.64% percent or -90.89 point.the FTSE 100 closed at 7,618.31 with a loss of –0.67% percent or –51.25 point. France’s CAC 40 closed at 6,555.81 up with +0.12% percent or +7.59 point.
For the day the Dow is trading at 34,308.08 with 0.40% percent or +137.55 point. The S&P 500 is trading at 4,412.53 with a loss of –1.69% percent or ?75.75 point. The Nasdaq Composite is trading at 13,411.96 with a loss of –2.18% percent or –299.04 point.
In other parts of world, Japan’s Nikkei 225 is trading at 26,321.51 with a loss of –1.86% percent or 500.01 point. Hong Kong’s Hang Seng is trading at 21,251.33 up with +0.20% ercent or +43.03 point. China’s Shanghai Composite is trading at 3,190.96 with 0.75% percent or +23.84 point. India’s BSE Sensex is trading at 58,480.41 with a loss of –0.82% percent or ?484.16 point at 12:15 PM.