DAX Futures Update : 14 July. 2022
The DAX Futures is trading at 12,732.0 with aloss of -0.11% percent -14.3point.The FTSE 100 Futures is trading at 7,106.20 with a loss of -0.28% percent or -20.00 point. The CAC 40 Futures is trading at 5,996.50 with a loss of -0.34% percent or -20.70 point. The EURO Stoxx 50 Futures trading at 3,446.00 with a loss of -0.23% percent or –8.00 point.
TODAY’S FACTORS AND EVENTS
Wholesale prices in Germany rose by 21.2% year-on-year in June of 2022, after a 22.9% gain in the previous month and a record high of 23.8% in April. As in the two previous months, the effects of the war in Ukraine continue to push cost of raw materials, energy sources, and food up. The biggest upward impact came from cost of mineral oil products (62.0% vs 63.5% in May), followed by wholesale trade of solid fuels (80.9% vs 76.7%); grain, unmanufactured tobacco, seeds etc. (38.6% vs 46.0%) and metals and metal ores (25.4% vs 41.1%). Meanwhile, wholesale prices for milk, milk products, eggs, cooking oils and fats rose by 36.4%, and prices for used materials and residues increased by 16.9%. Compared with the previous month, wholesale prices edged up 0.1% in June, slowing from a 1.0% rise in May
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,756.32 with a loss of –1.16% percent or ?149.16 point.the FTSE 100 closed at 7,156.37 with 0.18% percent or +13.27 point. France’s CAC 40 closed at 6,000.24 with a loss of –0.73% percent or ?43.96 point.
WORLD MARKETS
For the day the Dow is trading at 30,772.79 with a loss of –0.67% percent or ?208.54 point. The S&P 500 is trading at 3,801.78 with a loss of –0.45% percent or ?17.02 point. The Nasdaq Composite is trading at 11,247.58 with a loss of –0.15% percent or ?17.15 point.
In other parts of world, Japan’s Nikkei 225 is trading at 26,643.39 up with +0.62% percent or +164.62 point. Hong Kong’s Hang Seng is trading at 20,639.30 with a loss of –0.76% ercent or ?158.65 point. China’s Shanghai Composite is trading at 3,279.91 with a loss of –0.13% percent or 4.38 point. India’s BSE Sensex is trading at 53,522.44 up with +0.015% percent or +8.29 point at 12:15 PM.