DAX Futures Update : 11 Nov. 2022

The DAX Futures is trading at 14,251.0 with +0.54% percent +76.0 point.The FTSE 100 Futures is trading at 7,429.50 with +0.84% percent or +62.00 point. The CAC 40 Futures is trading at 6,632.50 with +1.14%percent or +75.00 point.The EURO Stoxx 50 Futures trading at 3,878.00 with +0.62% percent or +24.00 point.




The annual inflation rate in Germany was at 10.4% in October 2022, matching the preliminary reading and hitting a fresh peak since the reunification, amid euro weakness, a deepening energy crisis, and lingering supply chain issues. The goods inflation rose to 17.8% in October from 17.2% a month earlier, led by high cost of energy (43.0% vs 43.9% in September) and an acceleration in food prices (20.3% vs 18.7%). Also, cost of services quickened (4.0% vs 3.6%), with rent prices rising further by 1.8%. The prices of energy products increased sharply, especially for natural gas (109.8%), heating oil (35.6%), electricity (26.0%), and motor fuels (22.3%). On a monthly basis, consumer prices were up 0.9% in October. The CPI, harmonized to compare with other European countries, increase 11.6% on the year, the highest level on record; and went up 1.1% month-on-month.




For the day Germany’s DAX closed at 14,146.09 up with of +3.51% percent or +449.77 point. the FTSE 100 closed at 7,376.49 with 0.016% percent or +1.15 point. France’s CAC 40 closed at 6,556.83 with a loss of -0.17% percent or ?10.93 point.



For the day the Dow is trading at 33,715.37 with 3.70% percent or +1,201.43  point. The S&P 500 is trading at 3,956.37 with 5.54% percent or +207.80 point. The Nasdaq Composite is trading at 11,114.15 with 7.35% percent or +760.97 point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,263.57 with 2.98% percent or +817.47 point. Hong Kong’s Hang Seng is trading at 17,228.25 up with 7.13% ercent or +1,147.21  point. China’s Shanghai Composite is trading at 3,087.29 up with +1.69% percent or +51.16  point. India’s BSE Sensex is trading at 61,751.96  up with +1.89% percent or +1,144.64 point at 12:15 PM.