DAX Futures Update : 07 March. 2023
The DAX Futures is trading at 15,648.5 with -0.05% percent -8.3 point. The FTSE 100 Futures is trading at 7,924.20 with a loss of -0.07%percent or -5.30 point. The CAC 40 Futures is trading at 7,374.20 with +0.05% percent or +3.70 point. The EURO Stoxx 50 Futures trading at 4,310.00 with +0.02% percent or +1.00 point.
TODAY’S FACTORS AND EVENTS
Factory orders in Germany increased 1% month-over-month in January of 2023, following an upwardly revised 3.4% rise in December, and beating market forecasts of a 0.9% fall. Foreign orders led the gains (5.5%), with those from countries outside the Euro Area surging 11.2%, mainly boosted by aircraft and spacecraft construction. On the other hand, orders from the Euro Area decreased 2.9% and domestic orders sank 5.3%. Meanwhile, orders went up for capital goods (8.9%), namely aircraft and spacecraft construction (138.5%) and manufacture of motor vehicle engines (6.8%). On the other hand, orders contracted for intermediate goods (-8.9%) and consumer goods (-5.5%), namely electrical equipment manufacturing (-22.3%). Excluding large-scale orders, factory demand went up 2.9%.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 15,651.5 with -0.03% percent or -5.3 point.the FTSE 100 closed at 7,929.79 with 0.22% percent or ?17.32 point. France’s CAC 40 closed at 7,373.21 with 0.34% percent or +25.09 point.
WORLD MARKETS
For the day the Dow is trading at 33,003.57 with 1.05% percent or +341.73 point. The S&P 500 is trading at 3,981.35 with 0.76% percent or +29.96 point. The Nasdaq Composite is trading at 11,462.98 with 0.73% percent or +83.50 point.
In other parts of world, Japan’s Nikkei 225 is trading at 27,941.92 with 1.61% percent or +443.05 point. Hong Kong’s Hang Seng is trading at 20,599.62 with 0.81% ercent or +166.26 point. China’s Shanghai Composite is trading at 3,320.18 with 0.29% percent or +9.52 point. India’s BSE Sensex is trading at 59,649.45 up with 1.26% percent or +740.10 point at 12:15 PM.