DAX Futures Update : 14 Feb. 2023

The DAX Futures is trading at 15,436.0 with -0.03% percent -5.0 point.The FTSE 100 Futures is trading at 7,915.00 with +0.10% percent or +8.00 point. The CAC 40 Futures is trading at 7,231.20 with -0.19% percent or -13.80 point.The EURO Stoxx 50 Futures trading at 4,252.00 with +0.02% percent or +1.00 point.

 

TODAY’S FACTORS AND EVENTS

Wholesale price inflation in Germany increased to 10.6% year-on-year in January of 2023, the softest rise since May of 2021, following a 12.8% gain in December 2022. The largest impact came from cost of solid fuels and petroleum products (13.1%). Meanwhile, wholesale prices also climbed for milk, milk products, eggs, edible oils & fats (30.3%), meat and meat products (21.0%), sugar, confectionery and baked goods (20.1%), and fruit, vegetables and potatoes (15.6%). On the other hand, prices for scrap & residues dropped by 21.5%. Compared with the previous month, wholesale prices went up by 0.2 percent in January, the first monthly increase in four months, after a 1.6 percent drop in December.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 15,397.34 with 0.58% percent or +89.36 point. the FTSE 100 closed at 7,947.60 with 0.83% percent or +65.15 point. France’s CAC 40 closed at 7,208.59 with 1.11% percent or +78.86 point.

 

WORLD MARKETS

For the day the Dow is trading at 34,245.93 with 1.11% percent or +376.66 point. The S&P 500 is trading at 4,137.29 with 1.14% percent or +46.83 point. The Nasdaq Composite is trading at 11,891.79  with 1.48% percent or +173.67 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,602.77 with 0.64% percent or +175.45 point. Hong Kong’s Hang Seng is trading at 21,137.16 with 0.13%ercent or ?27.26 point. China’s Shanghai Composite is trading at 3,288.69 with 0.14% percent or +4.53 point. India’s BSE Sensex is trading at 60,843.22 with 0.68% percent or +411.38 point at 12:15 PM.