DAX Futures Update : 15 Nov. 2022
The DAX Futures is trading at 14,348.0 with +0.40% percent +57.5 point. The FTSE 100 Futures is trading at 7,380.20 with -0.07% percent or -5.30 point. The CAC 40 Futures is trading at 6,579.50 with a loss of -0.22% percent or -14.50 point. The EURO Stoxx 50 Futures trading at 3,892.00 with +0.59% percent or +23.00 point.
TODAY’S FACTORS AND EVENTS
Germany’s benchmark 10-year Bund yield dropped to 2.1%, amid expectations of further monetary tightening from the European Central Bank and fading hopes of a less aggressive approach from the US Federal Reserve. ECB policymaker Pablo Hernandez de Cos said the central bank might announce a start date for its quantitative tightening at its December meeting, while board member Fabio Panetta said on Monday the ECB must keep raising rates but needed to avoid overtightening as that could push output permanently below trend. Elsewhere, US Federal Reserve Governor Christopher Waller said on Sunday the central bank was not softening its fight against inflation, despite last week’s weaker-than-expected CPI data.
For the day Germany’s DAX closed at 14,313.30 up with of +0.62% percent or +88.44 point.the FTSE 100 closed at 7,385.17 up with 0.92% percent or +67.13point. France’s CAC 40 closed at 6,609.17 with 0.22% percent or +14.55 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.