DAX Futures Update : 31 August. 2022
The DAX Futures is trading at 13,018.0 up with +0.60% percent +77.0 point.The FTSE 100 Futures is trading at 7,375.00 up with +0.24% percent or +17.50 point. The CAC 40 Futures is trading at 6,186.50 with a loss of -0.77% percent or -48.00 point. The EURO Stoxx 50 Futures trading at 3,578.00 up with +0.62% percent or +22.00 point.
TODAY’S FACTORS AND EVENTS
Import prices in Germany increased by 28.9% year-on-year in July of 2022, slowing slightly for the fourth month and compared with market forecasts of 29.1%. Cost of imported energy surged by 131.7%, mainly coal (260.8%), natural gas (223.6%), and crude oil (83.2%). Excluding energy, prices of imports increased by 14.0%, namely fertilizers and nitrogen (142.1%), aluminum (57.6%), and paper and cardboard (40.6%). Prices of imported consumer goods increased 13.1%, mainly due to food (23.8%) and capital imported goods were 7.9% more expensive than a year earlier, largely machines (8.6%) and motor vehicles (6.9%). Compared to the previous month, import prices rose 1.4%, above 1.0% in June.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,961.14 with 0.53% percent or ++68.15 point.the FTSE 100 closed at 7,361.63 with a loss of –0.88% percent or ?65.68 point. France’s CAC 40 closed at 6,210.22 with a loss of –0.19% percent or ?12.06 point.
WORLD MARKETS
For the day the Dow is trading at 31,790.87 with a loss of –0.96% percent or ?308.12 point. The S&P 500 is trading at 3,986.16 up with 1.10% percent or ?44.45 point. The Nasdaq Composite is trading at 11,883.14 with a loss of 1.12% percent or ?134.53 point.
In other parts of world, Japan’s Nikkei 225 is trading at 28,059.68 with a loss of –0.48% percent or ?135.90 point. Hong Kong’s Hang Seng is trading at 19,871.00 with a loss of –0.39% ercent or ?78.03 point. China’s Shanghai Composite is trading at 3,189.26 with a loss of –1.18% percent or ?37.96 point. India’s BSE Sensex is trading at 59,537.07 up with +2.70% percent or +1,564.45 point at 12:15 PM.