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Tag: DAX

DAX higher despite new Trump tariffs

The DAX index has posted considerable gains in the Tuesday session. Currently, the index is at 12,149, up 0.44% on the day. On the release front, there are no German or eurozone indicators. On Wednesday, the eurozone releases current account and Germany holds an auction for 10-year bonds. There was growing speculation that another round of […]

DAX slips on fears of more US tariffs on China

The DAX index has started the week in red territory. Currently, the index is at 12,069, down 0.45% on the day. On the release front, Eurozone Final CPI ticked lower to 2.0%, matching the estimate. Final Core CPI also matched the estimate, at 0.1%. Is the US-China trade war about to get uglier? The world’s two […]

DAX gains ground as investors upbeat after ECB meeting

The DAX index has posted gains in the Friday session. Currently, the index is at 12,092, up 0.30% on the day. On the release front, the eurozone trade surplus was dismal, dropping to EUR 12.8 billion, well short of the estimate of EUR 16.3 billion. This was the lowest surplus since July 2014. There were no […]

DAX gains ground as US-China talks boost automaker shares

The DAX index has posted considerable gains in the Thursday session. Currently, the index is at 12,116, up 0.70% on the day. On the release front, German Final CPI dipped to 0.1%, matching the forecast. The ECB releases its main refinancing rate, which is expected to remain at 0.00%. On Friday, the eurozone releases trade balance. […]

DAX trading sideways as eurozone inflation within expectations

The DAX index is showing little movement in the Tuesday session. Currently, the DAX is at 12,808, up 0.08% on the day. In economic news, German retail sales rebounded with a gain of 1.2%, edging above the estimate of 1.1%. In the eurozone, CPI Flash Estimate edged up to 2.1%, above the forecast of 2.1%. Core […]

DAX ticks lower, German CPI next

The DAX index has posted slight losses in the Monday session. Currently, the DAX is at 12,845, down 0.18% on the day. On the release front, today’s key event is German Preliminary CPI, which is expected to climb to 0.4%. Investors will be keeping a close eye on Tuesday’s indicators. Germany releases retail sales and the […]

DAX climbs to 5-week highs as ECB says no rate hikes on horizon

The DAX index is slightly higher in the Friday session, continuing the upward trend seen on Thursday. Currently, the DAX is at 12,844, up 0.27% on the day. On the release front, the sole event is German Import Prices. The indicator dropped 0.5% in June, down sharply from the 1.6% gain a month earlier. Still, […]

DAX jumps on Trump-Juckner agreement

The DAX index has posted strong gains in the Thursday session. Currently, the DAX is at 12,722, up 1.12% on the day. On the release front, German GfK Consumer Climate edged lower to 10.6, just shy of the estimate of 10.7 points. Later in the day, the ECB sets its minimum bid rate, followed by a […]

DAX slips as markets eye EU-US trade talks

The DAX index has lost ground in the Wednesday session. Currently, the DAX is at 12,627, down 0.50% on the day. On the release front, German Ifo Business Climate ticked lower to 101.7, just above the estimate of 101.6 points. On Thursday, Germany releases GfK Consumer Climate and the ECB will set its minimum bid rate. […]

DAX jumps as bank, automaker shares sparkle

The DAX index has posted sharp gains in the Tuesday session. Currently, the DAX is at 12,715, up 1.33% on the day. On the release front, German and Eurozone manufacturing PMIs beat expectations, but services PMIs missed their forecasts. On Wednesday, German Ifo Business Climate is expected to dip to 101.6 points. The EU and U.S have […]