DAX Futures Update : 01 Feb. 2023

The DAX Futures is trading at 15,200.0 with +0.17% percent +26.0 point.The FTSE 100 Futures is trading at 7,734.80 with -0.37% percent or -28.70 point. The CAC 40 Futures is trading at 7,078.80 with -0.45% percent or -31.70 point. The EURO Stoxx 50 Futures trading at 4,178.00 with +0.17% percent or +7.00 point.

 

 

TODAY’S FACTORS AND EVENTS

The seasonally adjusted unemployment rate in Germany held steady for a fifth month in a row at 5.5 percent in January 2023, in line with market expectations and suggesting the overall labor market remained stable despite weak demand due to record inflation and rising borrowing costs. The jobless rate remained close to its highest level since August 2021, with the number of unemployed decreasing unexpectedly by 15 thousand to 2.51 million. The highest jobless rates were once again reported in Bremen (10.3 percent) and Berlin (8.8 percent) and the lowest rates in Bayern (3.2 percent) and Baden-Württem-berg (3.7 percent).

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,128.27 up with +0.014% percent or +2.19 point. the FTSE 100 closed at 7,771.70 up with  0.17% percent or ?13.17 point. France’s CAC 40 closed at 7,082.42 up with 0.0058% percent or +0.41 point.

 

WORLD MARKETS

For the day the Dow is trading at 34,086.04 up with 1.09% percent or +368.95  point. The S&P 500 is trading at 4,076.60 with 1.46% percent or +58.83 point. The Nasdaq Composite is trading at 11,584.55 up with 1.67% percent or +190.74 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,351.75 with 0.090% percent or +24.64 point. Hong Kong’s Hang Seng is trading at 21,932.82 with 0.41% ercent or +90.49 point. China’s Shanghai Composite is trading at 3,267.05 with 0.35% percent or +11.38 point. India’s BSE Sensex is trading at 60,133.55 up with  +0.98% percent or +583.65 point at 12:15 PM.