DAX Futures Update : 21 July. 2022
The DAX Futures is trading at 13,285.0 with +0.81% percent +107.1 point.The FTSE 100 Futures is trading at 7,216.80 up with +0.18% percent or +13.00 point. The CAC 40 Futures is trading at 6,166.80 with +0.30% percent or +18.60 point.The EURO Stoxx 50 Futures trading at 3,576.00 up with +0.34% percent or +12.00 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%, amid a softer rise in energy prices. Energy prices remained the biggest upward contributor (86.1% vs 87.1% in May), namely distribution of natural gas (141.1%), electricity (93.3%). Excluding energy, producer prices climbed 15.5% 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 1.6% rise, and below market consensus of a 1.3% gain.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,281.98 with a loss of –0.20% percent or -26.43 point.the FTSE 100 closed at 7,264.31 with a loss of –0.44% percent or –31.97 point. France’s CAC 40 closed at 6,184.66 with a loss of –0.27% percent or –16.56 point.
WORLD MARKETS
For the day the Dow is trading at 31,874.84 up with +0.15% percent or +47.79 point. The S&P 500 is trading at 3,959.90 with 0.59% percent or +23.21 point. The Nasdaq Composite is trading at 11,897.65 up with +1.58% percent or +184.50 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,803.00 up with +0.44% percent or +122.74 point. Hong Kong’s Hang Seng is trading at 20,656.06 with a loss of –1.12% ercent or ?234.16 point. China’s Shanghai Composite is trading at 3,272.76 with a loss of –0.97% percent or ?31.96 point. India’s BSE Sensex is trading at 55,545.60 up with +0.27% percent or +148.07 point at 12:15 PM.