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Tag: DAX 30

DAX slides as Trump slaps tariffs on China

The DAX index has started the week with sharp losses, continuing the downward trend seen on Friday. Currently, the DAX is at 12,834, down 1.35% on the day. On the release front, there are no German or eurozone indicators. The highlight of the day is the opening of the ECB Forum, which kicks off with a speech […]

European stock markets soar as ECB dampens hopes of rate hike

The DAX index has steadied on Friday, after posting sharp gains on Thursday. Currently, the DAX is at 13,104, down 0.04% on the day. On the release front, German WPI posted a strong gain of 0.8%, well above the estimate of 0.3%. In the eurozone, Final CPI rose to 1.9% and Final Flash CPI climbed to […]

DAX Dips as Investors Eye ECB Rate Annoucement

The DAX index has posted losses in the Thursday session. Currently, the DAX is at 12,849, down 0.32% since the close on  Wednesday. On the release front, German Final CPI climbed 0.5%, a 3-month high. This reading matched the forecast. Later in the day, the ECB winds up its policy meeting and will release a rate […]

DAX Moves Higher Ahead of Fed Rate Announcement

The DAX index has posted gains in the Wednesday session. Currently, the DAX is at 12,898, up 0.44% on the day. On the release front, Eurozone employment change edged up to 0.4%, above the estimate of 0.3%. Eurozone industrial production declined 0.9%, weaker than the forecast of -0.6%. In the U.S, the Federal Reserve is expected […]

DAX Steady Despite Weak German, Eurozone Confidence Data

The DAX index has posted slight losses in the Tuesday session. Currently, the DAX is at 12,820, down 0.10% on the day. On the release front, German ZEW Economic Sentiment posted a dismal reading of -16.1 points, missing the estimate of -14.6 points. Eurozone ZEW Economic Sentiment followed the same trend, with a reading of -12.6, […]

DAX Moves Higher, Shrugs off G-7 Fireworks

The DAX index has started the week with gains. In the Monday session, the DAX is at 12,824, up 0.45% on the day.  There are no German or eurozone events on the schedule. On Tuesday, Germany and the eurozone release ZEW Economic Sentiment. European stock markets are in positive territory on Monday, despite a remarkably acrimonious G-7 meeting. The […]

DAX Steady, Euro Retail PMI Pushes Past 50

The DAX has posted gains in the Wednesday session. Currently, the DAX is at 12,818 up 0.25% on the day. In economic news, there is just one event on the schedule.  Eurozone Retail PMI improved to 51.7 points, pointing to weak expansion. On Tuesday, Germany releases Factory Orders and the eurozone publishes Revised GDP. The eurozone economy […]

DAX Jumps as New Italian Government, Korea Summit Stokes Optimism

The DAX has posted sharp gains in the Tuesday session. Currently, the DAX is at 12,897, up 0.99% on the day. In economic news, German Final Services PMI dropped to 52.1, matching the forecast. It was a similar story with Eurozone Final Services PMI, which fell to 53.8, just shy of the estimate of 53.9 points. […]

DAX Steady as Italy Forms New Goverment

The DAX has started the week in positive territory. In the Monday session, the DAX is at 12,749, up 0.20% on the day. In economic news, there are no major eurozone events. Eurozone Sentix Investor Confidence tumbled to 9. 3, well short of the estimate of 18.6 points. On Tuesday, Germany releases Final Services PMI and retail […]

DAX Soars as Italy Resolves Political Crisis

The DAX has posted strong gains in the Friday session, after sliding on Thursday. Currently, the DAX is at 12,738, up 1.06% on the day. In economic news, Manufacturing PMIs in Germany and the eurozone were within expectations. In the U.S, the focus will be on job numbers, with the release of nonfarm payrolls and wage […]