DAX Futures Update : 17 Jan. 2023
The DAX Futures is trading at 15,166.0 with -0.24% percent -37.0 point.The FTSE 100 Futures is trading at 7,849.50 with +0.02% percent or +1.50 point. The CAC 40 Futures is trading at 7,039.00 with +0.21% percent or +14.50 point. The EURO Stoxx 50 Futures trading at 4,156.00 with a loss of -0.24% percent or -10.00 point.
TODAY’S FACTORS AND EVENTS
Wholesale price inflation in Germany rose to 12.8% year-on-year in December of 2022, the softest rise since August of 2021, following a 14.9% gain in November. The largest impact came from cost of petroleum products (22.8%), followed by solid fuels (82.3%) and live animals (47.6%). Meanwhile, wholesale prices also rose for milk, milk products, eggs, edible oils & fats (32.8%), chemical products (24.5%) and meat and meat products (22.6%). On the other hand, prices for scrap & residues fell by 20.2% and for ores, metals & semi-finished metals by 2.3%. Compared with the previous month, wholesale prices dropped by 1.6 percent in December, after a 0.9 percent decline in November. Considering full 2022, wholesale prices rose by 18.8% on average compared to 2021, with cost of petroleum products jumping 50.1%.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,134.04 up with 0.31% percent or +47.52 point. the FTSE 100 closed at 7,860.07 with 0.20% percent or +16.00 point. France’s CAC 40 closed at 7,043.31 with 0.28% percent or +19.81 point.
WORLD MARKETS
For the day the Dow is trading at 34,302.61 up with +0.33% percent or +112.64 point. The S&P 500 is trading at 3,999.09 with 0.40% percent or +15.92 point. The Nasdaq Composite is trading at 11,079.16 up with +0.71% percent or +78.05 point.
In other parts of world, Japan’s Nikkei 225 is trading at 26,152.64 with 1.28% percent or +330.32 point. Hong Kong’s Hang Seng is trading at 21,446.43 with a loss of –1.38% ercent or ?300.29 point. China’s Shanghai Composite is trading at 3,212.54 with a loss of –0.47% percent or ?15.06 point. India’s BSE Sensex is trading at 60,400.71 with 0.51% percent or +307.74 point at 12:15 PM.