DAX Futures Update : 11 July. 2022
The DAX Futures is trading at 12,840.0 with aloss of -1.14% percent -148.0 point. The FTSE 100 Futures is trading at 7,084.50 with a loss of -0.95% percent or -68.00 point. The CAC 40 Futures is trading at 6,032.50 with +0.44% percent or +26.50 point. The EURO Stoxx 50 Futures trading at 3,452.00 with a loss of -1.29% percent or –45.00 point.
TODAY’S FACTORS AND EVENTS
European equity markets closed mostly higher on Friday, with Germany’s DAX up more than 1% and the benchmark Stoxx 600 rising 0.5% as automakers surged more than 3% after Volkswagen announced plans to invest with its partners €20B in a new car battery company. A consortium led by the Volkswagen Group has also officially acquired Europcar, almost a year after the first offer was made. Among single stocks, Germany’s Commerzbank surged by almost 8%. Investors digested the latest jobs report which showed the US labour market remains robust, strengthening the case for the Fed to continue with aggressive interest rate hikes. The DAX ended the week over 1% higher.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,015.23 up with +1.34% percent or +172.01 point. the FTSE 100 closed at 7,196.24 up with +0.100% percent or +7.16 point. France’s CAC 40 closed at 6,033.13 with 0.44% percent or +26.43 point.
WORLD MARKETS
For the day the Dow is trading at 31,338.15 with a loss of –0.15% percent or ?46.40 point. The S&P 500 is trading at 3,899.38 with a loss of –0.083% percent or ?3.24 point. The Nasdaq Composite is trading at 11,635.31 up with +0.12% percent or +13.96 point.
In other parts of world, Japan’s Nikkei 225 is trading at 26,843.38 up with +1.23% percent or +326.19 point. Hong Kong’s Hang Seng is trading at 21,021.04 with a loss of –3.24% ercent or ?704.74 point. China’s Shanghai Composite is trading at 3,302.17 with a loss of –1.61% percent or ?53.91 point. India’s BSE Sensex is trading at 54,201.50 with a loss of –0.51% percent or 0.51% point at 12:15 PM.