DAX Futures Update : 19 August. 2022
The DAX Futures is trading at 13,607.5 with -0.60% percent -81.5 point.The FTSE 100 Futures is trading at 7,519.00 with a loss of -0.23% percent or -17.00 point. The CAC 40 Futures is trading at 6,532.50 with a loss of -0.37% percent or -24.50 point. The EURO Stoxx 50 Futures trading at 3,756.00 with -0.45% percent or -17.00 point.
TODAY’S FACTORS AND EVENTS
Annual producer inflation in Germany rose to a new record high of 37.2% in July of 2022 from 32.7% a month earlier and above market forecasts of 32%. Energy prices remained the biggest upward contributor (105.0% vs. 86.1% in June), namely the distribution of natural gas (163.8%) and electricity (125.4%). Excluding energy, producer prices climbed 14.6% from a year earlier. Other significant price increases were seen for intermediate goods (19.1%), particularly metals (24.1%), fertilizers and nitrogen compounds (100.4 %), and cereal flour (48.9%); non-durable consumer goods (16.2%), such as food (21.1%); durable consumer goods (10.9%); and capital goods (8%), the biggest increase since at least September 1975. On a monthly basis, producer prices were up 5.3%, the most on record, after June’s print and consensus of a 0.6% gain.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 13,697.41 up with +0.2% percent or +70.70 point.the FTSE 100 closed at 7,532.59 with a loss of –0.12% percent or ?9.26 point. France’s CAC 40 closed at 6,557.40 up with +0.4% percent or +29.08 point.
WORLD MARKETS
For the day the Dow is trading at 33,912.44 up with 0.45% percent or +151.39 point. The S&P 500 is trading at 4,297.14 with 0.40% percent or +16.99 point. The Nasdaq Composite is trading at 13,128.05 up with 0.62% percent or +80.87 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,879.36 with +0.026% percent or +7.58 point. Hong Kong’s Hang Seng is trading at 19,920.00 with a loss of –0.60% ercent or ?120.86 point. China’s Shanghai Composite is trading at 3,282.14 up with +0.18% percent or +6.06 point. India’s BSE Sensex is trading at 59,747.49 up with +0.48% percent or +284.71 point at 12:15 PM.