FTSE Futures Update : 06 Oct. 2022

The DAX Futures is trading at 12,706.0 with +1.37% percent +172.0 point.The FTSE 100 Futures is trading at 7,113.20 with +0.77% percent or +54.20 point. The CAC 40 Futures is trading at 6,011.80 with a loss of -0.48% percent or -28.70 point.  The EURO Stoxx 50 Futures trading at 3,490.00 up with +1.42% percent or +49.00 point.

 

 

TODAY’S FACTORS AND EVENTS

Factory orders in Germany fell by 2.4% month-over-month in August of 2022, shifting from an upwardly revised 1.9% growth in the prior month and worse than market forecasts of a 0.7% drop. It was the seventh straight month of lower manufacturing orders and the steepest pace since March, amid persistently high inflation and supply chain issues. Domestic orders shrank 3.4%, and foreign orders dropped 1.7% with orders from the euro area and other countries decreasing 3.8% and 0.4%, each. Orders were lower for both capital (-2.4%) and intermediate goods (-4.2%) while went up for consumer goods (5.2%).

 

 

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at 7,052.62 with a loss of –0.48% percent or ?33.84 point. France’s CAC 40 closed at 5,985.46 with a loss of –0.90% percent or ?54.23    point.Germany’s DAX closed at 12,517.18 up with 1.21% percent or ?153.30   point.

WORLD MARKETS

For the day the Dow is trading at 30,273.87 with a loss of –0.14% percent or -42.45 point. The S&P 500 is trading at 3,783.28 with  0.20% percent or -7.65  point. The Nasdaq Composite is trading at 11,148.64 with a loss of –0.25%  percent or -27.77   point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,378.06 up with +0.95% percent or +257.53  point. Hong Kong’s Hang Seng is trading at 18,010.18 with a loss of –0.43% ercent or –77.79  point. China’s Shanghai Composite is trading at 3,024.39 with a loss of –0.55% percent or -16.81 point. India’s BSE Sensex is trading at 58,527.95 up with +0.80% percent or +462.48  point at 12:15 PM.