FTSE Futures Update : 21 Oct. 2022

The DAX Futures is trading at 12,634.0 up with -1.06% percent -135.0 point.The FTSE 100 Futures is trading at 6,910.00 with a loss of -0.53% percent or -36.50 point. The CAC 40 Futures is trading at 6,052.20 up with +0.18% percent or +10.70 point.  The EURO Stoxx 50 Futures trading at 3,450.00 with a loss of -1.00% percent or -35.00 point.

 

TODAY’S FACTORS AND EVENTS

The annual producer inflation in Germany stood at 45.8% in September 2022, unchanged from August’s record high figure, above market forecasts of 44.7%. Energy prices remained the biggest upward contributor (132.2% vs 139.0% in August), namely the distribution of natural gas (192.4%) and electricity (158.3%). Excluding energy, producer prices climbed 14.0% from a year earlier. Other significant price increases were seen for intermediate goods (16.8%), particularly metals (18.1%) and basic chemicals, fertilizers and nitrogen compounds (33.5%); non-durable consumer goods (18.3%), such as food (24.2%); durable consumer goods (10.9%); and capital goods (7.8%), mainly led by machinery (9.1%) and vehicles (6.3%). On a monthly basis, producer prices were up 2.3%, slowing sharply from a 7.9% surge in August but topping expectations of 1.3%.

 

 

YESTERDAY ACTIVITY

.For the day Germany’s DAX closed at 12,767.41 up with +1.70% percent or +211.22 point.the FTSE 100 closed at 6,943.91 up with +0.27% percent or +18.92  point. France’s CAC 40 closed at 6,086.90 up with +0.76% percent or +46.18 point.

 

 

WORLD MARKETS

For the day the Dow is trading at 30,333.59 with a loss of –0.30% percent or -90.22 point. The S&P 500 is trading at 3,665.78 with a loss of –0.80% percent or ?29.38 point. The Nasdaq Composite is trading at 10,614.84 with a loss of –0.61%  percent or ?65.66 point.

In other parts of world, Japan’s Nikkei 225 is trading at 26,917.21 with 0.33% percent or -89.75 point. Hong Kong’s Hang Seng is trading at 16,222.72 with a loss of –0.35% ercent or ?57.50  point. China’s Shanghai Composite is trading at 3,050.09 with 0.50% percent or +15.04 point. India’s BSE Sensex is trading at 59,469.38 up with +0.45% percent or +266.48 point at 12:15 PM.