DAX Futures Update : 14 Oct. 2022

The DAX Futures is trading at 12,588.0 with +1.69% percent +209.0 point. The FTSE 100 Futures is trading at 6,927.80 with +0.94% percent or +64.80 point.The CAC 40 Futures is trading at 5,980.00 up with +1.71% percent or +100.50 point. The EURO Stoxx 50 Futures trading at 3,416.00 with +1.61% percent or +54.00 point.

 

 

TODAY’S FACTORS AND EVENTS

Wholesale prices in Germany increased by 19.9% year-on-year in September of 2022, following a 18.9% rise in August and accelerating for the first time in five months, amid high prices for raw materials and intermediate products as the war in Ukraine lingered. The largest impact came from cost of mineral oil products (61.9%), solid fuels (111.9%), petroleum products (61.9%), chemical products (42.0%), grain, unmanufactured tobacco, seeds, etc (30.8%). Compared with the previous month, wholesale prices advanced by 1.6 percent in September, the most in five months, after a 0.1 percent gain in August.

 

 

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 12,355.58 up with +1.51% percent or +183.32  point. the FTSE 100 closed at 6,850.27  up with 0.35% percent or +24.12 point. France’s CAC 40 closed at 5,879.19 up with +1.04% percent or +60.72   point.

 

WORLD MARKETS

For the day the Dow is trading at 29,239.19 up with +0.12% percent or +36.31 point. The S&P 500 is trading at 3,588.84 with a loss of  –0.65% percent or -23.55  point. The Nasdaq Composite is trading at 10,426.19 with a loss of –1.10%  percent or -115.91  point.

In other parts of world, Japan’s Nikkei 225 is trading at 26,393.43 with a loss of –0.030% percent or -7.82 point. Hong Kong’s Hang Seng is trading at 16,495.52 with a loss of –2.00% ercent or -336.84  point. China’s Shanghai Composite is trading at 2,945.16 with a loss of –1.16% percent or -34.64 point. India’s BSE Sensex is trading at 57,330.78 up with +0.32% percent or +183.46 point at 12:15 PM.