Dax Futures Update : 24 May. 2022
The DAX Futures is trading at 14,030.0 with a loss of -0.77% percent -109.0 point.The FTSE 100 Futures is trading at 7,443.80 with a loss of -0.67% percent or -50.20 point. The CAC 40 Futures is trading at 6,316.50 with +1.27% percent or +79.50 point. The EURO Stoxx 50 Futures trading at 3,652.00 with a loss of -1.11% percent or -41.00 point.
TODAY’S FACTORS AND EVENTS
The S&P Global Flash Germany Manufacturing PMI edged higher to 54.7 in May of 2022 from 54.6 in April, better than market forecasts of 54, and pointing to a continued growth in the manufacturing sector. Factory output increased, albeit only slightly, following a decline last month and employment picked up. On the other hand, new orders dropped the most for almost two years, as demand starts to come under pressure from market uncertainty, rising prices and supply issues and, work-in-hand at factories rose the least since July 2020. Input price inflation was the lowest in three months and there were signs of a slight easing of supply chain delays. Business expectations were increasingly pessimistic in May due to concerns over rising prices, supply bottlenecks and heightened uncertain.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 14,011.88 with a loss of –1.15% percent or ?163.52 point.the FTSE 100 closed at 7,443.93 with a loss of –0.93% percent or ?69.51 point. France’s CAC 40 closed at 6,283.09 with a loss of –1.19% percent or ?75.65 point.
WORLD MARKETS
For the day the Dow is trading at 31,880.24 up with +1.98% percent or +618.34 point. The S&P 500 is trading at 3,973.75 up with 1.86% percent or +72.39 point. The Nasdaq Composite is trading at 11,535.27 with 1.59% percent or +180.66 point.
In other parts of world, Japan’s Nikkei 225 is trading at 26,748.14 with –0.94% percent or –253.38 point. Hong Kong’s Hang Seng is trading at 20,082.18 with a loss of –1.89% ercent or ?387.88 point. China’s Shanghai Composite is trading at 3,070.93 with a loss of –2.41% percent or –75.93 point. India’s BSE Sensex is trading at 54,180.57 with a loss of –0.20% percent or –108.04 point at 12:15 PM.