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Tag: DAX

DAX Starts Week Quietly, US Markets Closed for Holiday

The DAX index has started the week in subdued form. In the Monday session, the index is trading at 12,464.00 up 0.10% since the Friday close. On the release front, the eurozone current account surplus narrowed to EUR 29.9 billion, short of the estimate of EUR 30.5 billion. US markets are closed for Presidents’ Day. On Tuesday, […]

DAX Gains Ground as Dollar Under Pressure

The DAX index has posted considerable gains in the Friday session. Currently, the index is trading at 12,418.30, up 0.58% since the Wednesday close. On the release front, the sole release was the German Wholesale Price Index, which rebounded with a strong gain of 0.9%, crushing the estimate of 0.2%. It’s been a dismal February for […]

DAX Climbs as Investors Ignore Spike in US Consumer Inflation

The DAX index has posted strong gains in the Thursday session. Currently, the index is trading at 12,453.00, up 0.92% since the Wednesday close. In the eurozone, trade surplus continues to grow, climbing to EUR 23.8 billion. This beat the forecast of EUR 22.4 billion. On Friday, Germany releases the Wholesale Price Index, which is expected to […]

DAX Gains Ground on German, Eurozone Growth

The DAX index has posted losses in the Wednesday session. Currently, the index is trading at 12,277.50, up 0.67% since the Tuesday close. In Germany, Preliminary GDP slowed in the fourth quarter to 0.6%, but still matched the estimate. Final CPI declined 0.7%, also matching the forecast. Eurozone Flash GDP for Q4 remained steady at 0.6% for […]

DAX Dips as Investors Still Skeptical

The DAX index has posted losses in the Tuesday session. Currently, the index is trading at 12,230.44, down 0.44% on the day. On the release front, there are no German or Eurozone indicators on the schedule for a second straight day. US stock markets posted gains on Monday, raising hopes that last week’s correction is over. However, European investors […]

DAX Rebounds After Rough Week

The DAX index has started the week with gains in the Monday session. Currently, the index is trading at  12,303.00, up 1.63% since Friday’s close. On the release front, there are no German or Eurozone indicators on the schedule. Global stock markets were turbulent last week, and the DAX suffered sharp losses of 4.6%. US markets ended the […]

FX and Equities Brace for a Bumpy Week

Monday February 12: Five things the markets are talking about Investors are bracing for another bumpy ride this week after market volatility has returned with a vengeance, delivering the biggest rout in global stocks in a number of years. Despite stocks getting a reprieve overnight, investor fears of interest rate hikes that started the market […]

DAX Slide Continues as US Markets See Red

The DAX index has posted sharp losses in the Friday session. Currently, the index is trading at 12,210.00, down 0.41% on the day. On the release front, there are no German or Eurozone indicators on the schedule. Nervous investors continues to watch the massive sell-offs in the markets, and European markets have been following the downward trend in the […]

US Stock Market Fall Sends DAX Lower

The DAX index has posted sharp losses in the Thursday session. Currently, the index is trading at 12,453.53, down 1.09% on the day. On the release front, Germany’s trade surplus narrowed to EUR 21.4 billion, just shy of the estimate of EUR 21.5 billion. Global stock markets have shown strong volatility this week, and the DAX continues to […]

DAX Recovers After Falling to 5-Month Low

The DAX index has posted gains in the Wednesday session. Currently, the index is trading at 12,490.00, up 0.79% on the day. On the release front, German Industrial Production declined 0.6%, close to the estimate of -0.7%. This marked the third decline in four months. On Thursday, Germany releases Trade Balance. It’s been a volatile week […]