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Tag: DAX 30

DAX Slides on Weak German PMIs, Trump Skepticism Over China

The DAX index has dropped sharply in the Wednesday session. Currently, the DAX is at 12,971, down 1.50% on the day. On the release front, German and eurozone PMIs missed expectations in the manufacturing and services sectors. In the US, the key event is the release of the Federal Reserve minutes from the May policy meeting. On Thursday, Germany […]

DAX Unchanged, German PMIs Ahead

The DAX index has edged upwards in the Tuesday session. Currently, the DAX is at 13,099, up 0.17% on the day. On the release front, there are no German or eurozone data releases, so traders can expect a quiet day on German stock markets. On Tuesday, Germany and eurozone will release manufacturing and services PMI reports. In […]

DAX Steady as German CPI Matches Estimate

In the Tuesday session, the DAX is at 13,027, up 0.27% on the day. On the release front, German and eurozone CPI releases matched their estimates. ECB President Mario Draghi will speak at an ECB event in Frankfurt. German Final CPI dropped to 0.0% in April, down from 0.4% a month earlier. Eurozone inflation indicators […]

DAX Trading Sideways after Eurozone, Germany GDP

The DAX continues to trade quietly this week. In the Tuesday session, the DAX is at 12,991 points, up 0.10% on the day. On the release front, German Preliminary GDP came in at 0.3%, close to the forecast of 0.4%. Eurozone GDP came in at 0.4%, matching the forecast. German ZEW Economic Sentiment came in at -8.2, […]

DAX Dips, All Eyes on German GDP

After an uneventful week, the DAX has posted slight losses in the Monday session. Currently, the DAX is at 12,958 points, down 0.33% on the day. There are no German or eurozone releases in the Monday session. On Tuesday, here are two key events out of Germany – Preliminary GDP and ZEW Economic Sentiment. Investors will be […]

DAX Retracts After Punching Past 13,000

The DAX index is lower on Friday, erasing the gains which marked the Thursday session. Currently, the DAX is at 12,988 points, down 0.27% on the day. On the release front, ECB President Mario Draghi will speak at an event in Florence. French and German stock markets remain strong and continue to move upwards. On Thursday, […]

DAX Slips on Concerns over Possible ECB Stimulus Extension

The DAX index has recorded considerable losses in the Tuesday session, after posting gains for two straight sessions. Currently, the DAX is at 12,875 points, down 0.56% on the day. On the release front, Germany indicators were solid, as Industrial Production and Trade Balance both beat their estimates. Later in the day, US President Trump will […]

DAX Improves as US Stock Markets End Week on High Note

The DAX index has gained ground in the Monday session. Currently, the DAX is at 12,878 points, up 0.45% on the day. On the release front, eurozone data disappointed. Germany Factory Orders declined 0.9%, missing the estimate of a 0.5% gain. Eurozone Retail PMI dropped to 48.6, marking the first contraction since March 2017. As well, Eurozone Sentix […]

DAX Rebounds, Markets Await US Employment Data

The DAX index has moved upwards in the Friday session. Currently, the DAX is at 12,738 points, up 0.39% on the day. On the release front, German and Eurozone Services PMIs for April came in at 53.0 and 54.7 points, respectively, as both missed their estimates. Eurozone retail sales also disappointed, as the reading of 0.1% […]

DAX Dips as Eurozone CPI Misses Forecast

The DAX index has lost ground in the Wednesday session. Currently, the DAX is at 12,753 points, down 0.37% on the day. On the release front, Eurozone CPI Flash Estimate dropped to 1.2%, shy of the estimate of 1.3%. Core CPI Flash Estimate followed a similar trend, dipping to 0.7%, short of the forecast of […]