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Tag: DAX

DAX trading sideways as investors look for cues

The DAX index is almost unchanged in the Friday session. Currently, the DAX is at 12,679, down 0.06% on the day. On the release front, German PPI dipped to 0.3%, matching the estimate. The eurozone current account surplus dropped sharply to 22.4 billion. This was well short of the forecast of 27.2 billion and the […]

DAX takes pause from recent gains

The DAX index has posted losses in the Thursday session. Currently, the DAX is at 12,715 down 0.39% on the day. Still, the DAX is in green territory this week, with gains of 1.4 percent. On the release front, there are no major German or eurozone events. On Friday, German PPI is expected to dip […]

DAX climbs to 4-week high as Eurozone CPI rises to 2 percent

The DAX index has posted considerable gains in the Wednesday session. Currently, the DAX is at 12,750 up 0.71% on the day. On the release front, there are no major German or eurozone events. A milestone was reached on Thursday, as Eurozone Final CPI reached the 2.0% threshold in the June release. On an annualized […]

DAX ticks lower as investors look for cues

The DAX index has ticked lower in the Monday session. Currently, the DAX is at 12,521, down 0.12% on the day. On the release front, there are no major German or eurozone events. In economic news, the eurozone trade surplus slipped to EUR 16.9 billion, short of the estimate of EUR 17.6 billion. This marked […]

DAX steady as investors search for cues

The DAX index is showing limited movement in the Friday session. Currently, the DAX is at 12,510, up 0.14% on the day. On the release front, there are no major German or eurozone events. The German Wholesale Price Index dipped to 0.5% in June, down from 0.8% a month earlier. This edged above the estimate […]

DAX gains ground as German CPI matches estimate

The DAX index has posted considerable gains in the Thursday session, rebounding after losses on Wednesday. Currently, the DAX is at 12,503, up 0.69% on the day. On the release front, German Final CPI slipped to 0.1% in June, down from 0.5% a month earlier. Still, the reading matched the estimate. Eurozone Industrial Production rebounded with […]

DAX slides as trade tensions spook equity markets

The DAX index has posted sharp losses in the Wednesday session. Currently, the DAX is at 112,457, down 1.21% on the day. On the release front, there are no major German or European events. ECB President Mario Draghi spoke at an event in Frankfurt but did not comment on monetary policy. On Thursday, Germany releases Final CPI […]

DAX starts week quietly as German trade surplus matches forecast

The DAX index has ticked upwards in the Monday session. Currently, the DAX is at 12,455, up 0.11% on the day. On the release front, Germany’s trade surplus widened to EUR 20.3 billion, matching the estimate. Eurozone Sentix Investor Confidence dropped to 12.1, but this beat the forecast of 9.0 points. ECB President Mario Draghi is […]

DAX steady but investors tense as U.S tariffs kick in

The DAX index is unchanged in the Friday session, after posting strong gains on Thursday. Currently, the DAX is at 12,455, down 0.07% on the day. On the release front, German Industrial Production jumped 2.6%, well above the estimate of 0.3%. In the U.S, the markets are braced for a soft Nonfarm Payrolls report, which is […]

DAX boosted by car makers on talk of tariff deal

The DAX index has posted strong gains in the Thursday session. Currently, the DAX is at 12,505, up 1.58% on the day. On the release front, German Factory Orders jumped 2.6%, crushing the estimate of 1.1%. Eurozone Retail PMI ticked higher to 51.8 points. Later in the day, the Federal Reserve will release the minutes […]