DAX Futures Update : 22 April. 2022
The DAX Futures is trading at 14,348.00 with +0.05% percent +7.10 point.The FTSE 100 Futures is trading at 7,513.80 with a loss of -1.18% percent or -89.70 point. The CAC 40 Futures is trading at 6,516.00 with a loss of -0.37% percent or -24.50 point.The EURO Stoxx 50 Futures trading at 3,798.00 up with +0.13% percent or +5.00 point.
TODAY’S FACTORS AND EVENTS
The yield on the German 10-year Bund firmed above 0.9%, the highest in nearly seven years on expectations of more aggressive interest rate increases by major central banks. ECB Governing Council member Martins Kazaks Bundesbank President Nagel said the ECB could raise interest rates in July and Belgian central bank Governor Pierre Wunsch said policy rates could turn positive this year. Money markets are now pricing in a 20 bps rise from the ECB by July and more than 70 bps of cumulative increases by the end of 2022. Meanwhile, incumbent French President Macron is leading the polls against far-right candidate Marine Le Pen ahead of Sunday’s runoff election.
For the day Germany’s DAX closed at 14,502.41 with 0.98% percent or +140.38 point.the FTSE 100 closed at 7,627.95 with a loss of –0.017% percent or –1.27 point. France’s CAC 40 closed at 6,715.10 up with +1.36% percent or +90.19 point.
For the day the Dow is trading at 34,792.76 with a loss of –1.05% percent or –368.03 point. The S&P 500 is trading at 4,393.66 with a loss of –1.48% percent or –65.79 point. The Nasdaq Composite is trading at 13,174.65 with a loss of 2.07% percent or –278.41 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,129.40 with –1.54% percent or –423.66 point. Hong Kong’s Hang Seng is trading at 20,674.40 with a loss of –0.038% ercent or –7.82 point. China’s Shanghai Composite is trading at 3,102.91 with 0.75% percent or +23.10 point. India’s BSE Sensex is trading at 57,630.74 with a loss of –0.49% percent or –280.94 point at 12:15 PM.