DAX FUTURES MORNING UPDATE AS ON 20 July. 2022

Dax Futures Update : 20 July. 2022

The DAX Futures is trading at 13,362.0 with +0.09% percent +12.5 point.The FTSE 100 Futures is trading at 7,280.20 up with +0.31% percent or +22.20 point. The CAC 40 Futures is tradingat 6,218.80 with +0.05% percent or +2.80 point.  The EURO Stoxx 50 Futures trading at 3,590.00 up with +0.00% percent or +0.00 point.

 

 

TODAY’S FACTORS AND EVENTS

Annual producer inflation in Germany slowed to a three-month low of 32.7% in June of 2022 from May’s record peak of 33.6% and below market forecasts of 33.9%. Energy prices remained the biggest upward contributor (86.1%), namely distribution of natural gas (141.1%), electricity (93.3%). Excluding energy, producer prices climbed 5.5% from a year earlier. Other significant price increases were seen for intermediate goods (22.3%), particularly metals (33.6%), fertilizers and nitrogen compounds (104.4 %), and paper and paperboard (51.2%); non-durable consumer goods (14.7%), such as food (19.0%); durable consumer goods (10.5%); and capital goods (7.4%), the biggest increase since September 1975. On a monthly basis, producer prices were up 0.6%, the least since November 2020, easing from May’s of 1.6% rise, and below market consensus of a 1.3% gain.

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,308.41 up with +2.69% percent or +348.60  point.the FTSE 100 closed at 7,296.28 up with +1.01%percent or +73.04  point. France’s CAC 40 closed at 6,201.22 with 1.79% percent or +109.31  point.

WORLD MARKETS

For the day the Dow is trading at 31,827.05 with 2.43% percent or +754.44  point. The S&P 500 is trading at 3,936.69 with 2.76% percent or +105.84  point. The Nasdaq Composite is trading at 11,713.15 up with +3.11% percent or +353.10 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,666.46up with +2.61% percent or +704.78 point. Hong Kong’s Hang Seng is trading at 20,989.04 up with +1.59% percent or +327.98 point. China’s Shanghai Composite is trading at 3,303.04 up with +0.72% percent or +23.61  point. India’s BSE Sensex is trading at 55,525.67 up with +0.20% percent or +758.05 point at 12:15 PM.