DAX PERFORMANCE-INDEX (.GDAXI) Rebounds 20% From its Coronavirus Crisis Low

DAX PERFORMANCE-INDEX (.GDAXI) Rebounds 20% From its Coronavirus Crisis Low

DAX PERFORMANCE-INDEX (.GDAXI) Rebounds 20% From its Coronavirus Crisis Low Germany’s benchmark DAX Index is poised to exit a bear market that began last month, after rising 20% from last month’s low that was spurred by worries about the coronavirus pandemic. The export-heavy gauge, which fell as much as 40% in the sell-off that began […]

DAX PERFORMANCE-INDEX (.GDAXI) stocks rise as markets await new US unemployment record

DAX PERFORMANCE-INDEX (.GDAXI) stocks rise as markets await new US unemployment record

DAX PERFORMANCE-INDEX (.GDAXI) stocks rise as markets await new US unemployment record European stocks gained on Thursday as investors braced for the latest batch of weekly unemployment claims in the US and coronavirus cases neared the one million mark globally. Analysts once again expect an initial jobless figure in the millions, with some estimating that […]

DAX PERFORMANCE-INDEX (.GDAXI) – Europe to Rebound but Trump Abandons Early Economy Restart Plan

DAX PERFORMANCE-INDEX (.GDAXI) – Europe to Rebound but Trump Abandons Early Economy Restart Plan

DAX PERFORMANCE-INDEX (.GDAXI) – Europe to Rebound but Trump Abandons Early Economy Restart Plan European stock markets are set to open cautiously higher Monday, rebounding after Friday’s sharp losses but weighed on by President Donald Trump’s decision to abandon his plans for an early reopening of the U.S. economy. At 2:30 ET (0630 GMT), the […]

DAX PERFORMANCE-INDEX (.GDAXI) plunges 10% as ECB avoids cutting rates

DAX PERFORMANCE-INDEX (.GDAXI) plunges 10% as ECB avoids cutting rates

DAX PERFORMANCE-INDEX (.GDAXI) plunges 10% as ECB avoids cutting rates Germany’s DAX index fell over 10% on Thursday after the European Central Bank announced it is keeping the interest rates unchanged, disappointing those who expected it to join the Bank of England and the Federal Reserve in lowering rates to counter the effects of the […]

DAX PERFORMANCE-INDEX (.GDAXI) struggling to maintain gains

DAX PERFORMANCE-INDEX (.GDAXI) struggling to maintain gains

DAX PERFORMANCE-INDEX (.GDAXI) struggling to maintain gains The DAX found support at 10,400 yesterday, as it did a day earlier, but the morning bounce may be running out of steam already. A short-term bounce requires a push through trendline resistance from Tuesday’s highs, through 10,700, opening the way to 10,880 and 11,000. Below 10,400, 10,200 […]

DAX PERFORMANCE-INDEX (.GDAXI) set to rebound after global rout amid oil, virus fears

DAX PERFORMANCE-INDEX (.GDAXI) set to rebound after global rout amid oil, virus fears

DAX PERFORMANCE-INDEX (.GDAXI) set to rebound after global rout amid oil, virus fears European markets are expected to open higher Tuesday after stocks on Wall Street saw their worst day since the 2008 financial crisis in the previous trading session. London’s FTSE index is seen opening 117 points higher at 6,108, the German DAX is […]

DAX PERFORMANCE-INDEX (.GDAXI) declines turn to consolidation

DAX PERFORMANCE-INDEX (.GDAXI) declines turn to consolidation

DAX PERFORMANCE-INDEX (.GDAXI) declines turn to consolidation The DAX has similarly slowed its decline, with the index largely consolidating since Friday’s lows. We have continued to create lower lows, with the subsequent rally bringing about a move into the 76.4% Fibonacci retracement at 12,077. We would need to see a rise through the 12,217 level […]

DAX PERFORMANCE-INDEX (.GDAXI) Jumps On Hopes ECB Will Follow Fed

DAX PERFORMANCE-INDEX (.GDAXI) Jumps On Hopes ECB Will Follow Fed

DAX PERFORMANCE-INDEX (.GDAXI) Jumps On Hopes ECB Will Follow Fed As the dust settles on the Fed’s emergency 50 basis point rate cut the Dax is extending gains. The German index rallied 1% across the previous session and has added a further 1.3% this morning amid growing expectations of ECB stimulus, and despite mixed data. […]

DAX PERFORMANCE-INDEX (.GDAXI) sell-off pauses, yet bearish picture remains

DAX PERFORMANCE-INDEX (.GDAXI) sell-off pauses, yet bearish picture remains

DAX PERFORMANCE-INDEX (.GDAXI) sell-off pauses, yet bearish picture remains The DAX has similarly been consolidating overnight, coming off the back of a big decline yesterday. This looks to be a setup that is consistent with yesterday’s price action, with a breakdown below 12,611 providing us with another sell signal for the DAX. Only a break […]

DAX PERFORMANCE-INDEX (.GDAXI) rack up second day of heavy losses amid coronavirus fears

DAX PERFORMANCE-INDEX (.GDAXI) rack up second day of heavy losses amid coronavirus fears

DAX PERFORMANCE-INDEX (.GDAXI) rack up second day of heavy losses amid coronavirus fears Global markets extended a nightmare run on Tuesday as coronavirus fears continued to grip investors across the world. Britain’s top index closed almost 2% down at 7,017.88 points, a 138.95-point drop. It marks a further £35 billion wiped off the index, adding […]

DAX PERFORMANCE-INDEX (.GDAXI) breaks previous highs after recent retracement

DAX PERFORMANCE-INDEX (.GDAXI) breaks previous highs after recent retracement

DAX PERFORMANCE-INDEX (.GDAXI) breaks previous highs after recent retracement The DAX is ahead on its recovery, with the index reaching fresh highs overnight after a rally off a deep retracement at the start of the week. That rise above 13,810 points towards a continuation of the wider bullish trend. With the price struggling to really […]

DAX PERFORMANCE-INDEX (.GDAXI) lifts off yesterday’s low

DAX PERFORMANCE-INDEX (.GDAXI) lifts off yesterday’s low

DAX PERFORMANCE-INDEX (.GDAXI) lifts off yesterday’s low The DAX rallied from 13,660 yesterday, but perhaps worryingly for the bulls the price looks to be creating a lower high at 13,760. Near-term targets are13,660 and 13,600. Below this, 13,450 and then 13,210 come into play as possible support. A move back above 13,760 leaves only the […]

DAX PERFORMANCE-INDEX (.GDAXI) Drops 0.8% But Bullish Trend Remains

DAX PERFORMANCE-INDEX (.GDAXI) Drops 0.8% But Bullish Trend Remains

DAX PERFORMANCE-INDEX (.GDAXI) Drops 0.8% But Bullish Trend Remains The Dax is trading 0.8% lower heading into the afternoon around session lows. Risk sentiment has taken a hit amid growing signs of the strains that coronavirus is having, not just on the Chinese economy but the global economy.  Apple warns on profits Apple, considered one […]

DAX PERFORMANCE-INDEX (.GDAXI) stuck below previous peak

DAX PERFORMANCE-INDEX (.GDAXI) stuck below previous peak

DAX PERFORMANCE-INDEX (.GDAXI) stuck below previous peak European markets have managed to rally near to their highs of January. However, the DAX’s failure to break 13,600 last week leaves it stuck in a sideways pattern that has prevailed since the beginning of December, with 13,00 still the lower bound of support. Technical Indicators Overall, the […]

DAX PERFORMANCE-INDEX (.GDAXI) opens higher despite market chaos in China

DAX PERFORMANCE-INDEX (.GDAXI) opens higher despite market chaos in China

DAX PERFORMANCE-INDEX (.GDAXI) opens higher despite market chaos in China The FTSE 100 and other European stock markets have opened slightly higher, despite China’s Shanghai index plunging almost eight per cent over the coronavirus outbreak. The UK’s blue-chip index had climbed 0.3 per cent by 8.30am, Germany’s Dax was also 0.3 per cent higher, while […]

DAX PERFORMANCE-INDEX (.GDAXI) Drops As Fears Of Coronavirus’ Economic Impact Grow

DAX PERFORMANCE-INDEX (.GDAXI) Drops As Fears Of Coronavirus’ Economic Impact Grow

DAX PERFORMANCE-INDEX (.GDAXI) Drops As Fears Of Coronavirus’ Economic Impact Grow In line with other equity markets across the globe, the Dax is declining in early trade. Fears over coronavirus and its impact on the Chinese economy, global growth and trade have weighed heavily on sentiment.  The number of cases of coronavirus in mainland China […]

DAX PERFORMANCE-INDEX (.GDAXI) bounce running out of steam?

DAX PERFORMANCE-INDEX (.GDAXI) bounce running out of steam?

DAX PERFORMANCE-INDEX (.GDAXI) bounce running out of steam? Buyers have managed to drive the DAX’s price up from the low around 13,180, but now are at risk of losing control as a lower high is created. Further selling targets 13,180 Below this, 12,900 comes into view. As with the FTSE 100, bulls need to close […]

DAX PERFORMANCE-INDEX (.GDAXI) struggles to hold onto record territory

DAX PERFORMANCE-INDEX (.GDAXI) struggles to hold onto record territory

DAX PERFORMANCE-INDEX (.GDAXI) struggles to hold onto record territory German stocks had a slippery hold on record territory Wednesday, as equities across Europe struggled to make gains amid lingering concerns over the spread of China’s coronavirus. The German DAX 30 index (DX:DAX) pushed into record territory earlier in the day, rising to a high of 13,640.06, […]

DAX PERFORMANCE-INDEX (.GDAXI) starts to show signs of potential resurgence

DAX PERFORMANCE-INDEX (.GDAXI) starts to show signs of potential resurgence

DAX PERFORMANCE-INDEX (.GDAXI) starts to show signs of potential resurgence The DAX has been drifting lower over the course of the week, with the index giving back some of the gains seen last Wednesday. However, this is likely to be a short-term phenomenon which ultimately resolves with a move higher for the index. This hourly […]

DAX PERFORMANCE-INDEX (.GDAXI) Stocks Index Misses a Record Close by a Whisker

DAX PERFORMANCE-INDEX (.GDAXI) Stocks Index Misses a Record Close by a Whisker

DAX PERFORMANCE-INDEX (.GDAXI) Stocks Index Misses a Record Close by a Whisker The DAX is also turning lower after a recent rally into resistance. That trendline looks to have capped upside for the time being, with the price heading back into Fibonacci support. A break below the 13361 support level would bring about a wider […]

DAX PERFORMANCE-INDEX (.GDAXI) – European markets slip back ahead of crunch ECB meeting

DAX PERFORMANCE-INDEX (.GDAXI) – European markets slip back ahead of crunch ECB meeting

DAX PERFORMANCE-INDEX (.GDAXI) – European markets slip back ahead of crunch ECB meeting European shares retreated from recent peaks on Monday as investors paused before launching into a week packed with economic data and the European Central Bank’s first policy meeting of the year. Recurring fears of a hard Brexit and bets that the Bank […]

DAX PERFORMANCE-INDEX (.GDAXI) Rises After US-China Trade Deal

DAX PERFORMANCE-INDEX (.GDAXI) Rises After US-China Trade Deal

DAX PERFORMANCE-INDEX (.GDAXI) Rises After US-China Trade Deal German stocks advanced on Thursday after the United States and China signed a trade truce, helping ease investors’ concerns of further escalation in the costly conflict. Some questions still remain over whether President Donald Trump’s efforts to rewrite the economic relationship with Beijing will ever go any […]

DAX PERFORMANCE-INDEX (.GDAXI) Set To Underperform

DAX PERFORMANCE-INDEX (.GDAXI) Set To Underperform

DAX PERFORMANCE-INDEX (.GDAXI) Set To Underperform European stock markets are expected to open marginally lower Tuesday, as investors take a cautious view ahead of the start of the earnings season. Futures for the U.K.’s FTSE 100 index were trading 2 points, or 0.1%, lower by 02:20 ET (07:20 GMT), futures for France’s CAC 40 were […]

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after recent breakout

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after recent breakout

DAX PERFORMANCE-INDEX (.GDAXI) consolidating after recent breakout The DAX has been treading water overnight, following on from a break through the crucial 13,472 resistance level. That leaves us within touching distance of the 13,601 record high. The key to further gains is to remain above that 13,472 support level. Watch for whether we see a […]

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down

DAX PERFORMANCE-INDEX (.GDAXI) shares edge down German stocks edged down on Monday, with the benchmark DAX index down 92.15 points, or 0.70 percent, to close at 13,126.99 points. Material manufacturer Covestro lost 4.80 percent, the top loser among the blue chips, followed by semiconductor manufacturer Infineon Technologies and airlines Lufthansa, which lost 1.69 percent and […]

DAX PERFORMANCE-INDEX (.GDAXI) enjoys the removal of risks in both the United States and the UK

DAX PERFORMANCE-INDEX (.GDAXI) enjoys the removal of risks in both the United States and the UK

DAX PERFORMANCE-INDEX (.GDAXI) enjoys the removal of risks in both the United States and the UK The DAX 30 may look to capitalize on a relatively stable backdrop and a dovish European Central Bank. Alongside the Dow Jones, the DAX 30 enjoyed a boost from the possible trade deal while also receiving clarity on the […]

DAX PERFORMANCE-INDEX (.GDAXI) Seen Up As UK Voters Head To Polls

DAX PERFORMANCE-INDEX (.GDAXI) Seen Up As UK Voters Head To Polls

DAX PERFORMANCE-INDEX (.GDAXI) Seen Up As UK Voters Head To Polls European stocks may open flat to slightly higher on Thursday as new President Christine Lagarde chairs her first European Central Bank (ECB) meeting and the subsequent press conference later today. Any hints on the economic outlook, inflation expectations and future policy decisions would be […]

DAX PERFORMANCE-INDEX (.GDAXI) slip as investors weigh outlook for US-China trade

DAX PERFORMANCE-INDEX (.GDAXI) slip as investors weigh outlook for US-China trade

DAX PERFORMANCE-INDEX (.GDAXI) slip as investors weigh outlook for US-China trade Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute. A Chinese official said that Beijing wants a prompt settlement of its trade war with Washington […]

DAX PERFORMANCE-INDEX (.GDAXI) investors look to a central bank decision

DAX PERFORMANCE-INDEX (.GDAXI) investors look to a central bank decision

DAX PERFORMANCE-INDEX (.GDAXI) investors look to a central bank decision The DAX 30 will look to a central bank decision of its own next week, in an event that will likely stir volatility in all European equities. Trade headlines and the tone of the Federal Reserve will also play a role in the outlooks of […]

DAX PERFORMANCE-INDEX (.GDAXI) fall into red as US impeachment looms

DAX PERFORMANCE-INDEX (.GDAXI) fall into red as US impeachment looms

DAX PERFORMANCE-INDEX (.GDAXI) fall into red as US impeachment looms Most European and US markets slumped yesterday after an upbeat start to the day was eroded by news the US Congress is moving ahead with impeachment efforts against President Donald Trump. House Speaker Nancy Pelosi ordered articles of impeachment to be drawn up that could […]

DAX PERFORMANCE-INDEX (.GDAXI) Rallies As Chinse Manufacturing PMI Overshadows German Issues

DAX PERFORMANCE-INDEX (.GDAXI) Rallies As Chinse Manufacturing PMI Overshadows German Issues

DAX PERFORMANCE-INDEX (.GDAXI) Rallies As Chinse Manufacturing PMI Overshadows German Issues The Dax rebounded on Monday as traders focused on strong data from China which boosted risk sentiment and overshadowed data showing the German manufacturing sector remains deep in recession The recovery in the Dax follows on from gains in Asia as investors cheered better […]

DAX PERFORMANCE-INDEX (.GDAXI) turning lower from range resistance

DAX PERFORMANCE-INDEX (.GDAXI) turning lower from range resistance

DAX PERFORMANCE-INDEX (.GDAXI) turning lower from range resistance The DAX appears to be at a turning point following a recent rally that has taken us back into the key resistance level of 13,310. That level represents the highest point within the consolidation phase evident from 7 November to 19 November. Thus, with the price having […]

DAX PERFORMANCE-INDEX (.GDAXI) Little Changed In Cautious Trade

DAX PERFORMANCE-INDEX (.GDAXI) Little Changed In Cautious Trade

DAX PERFORMANCE-INDEX (.GDAXI) Little Changed In Cautious Trade German stocks were little changed in cautious trade on Tuesday as investors awaited further clarity on the U.S.-China trade talks. Earlier today, China’s Commerce Ministry said in a brief notice that Vice Premier Liu He spoke with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin […]

DAX PERFORMANCE-INDEX (.GDAXI) Rises On Trade Deal Hopes

DAX PERFORMANCE-INDEX (.GDAXI) Rises On Trade Deal Hopes

DAX PERFORMANCE-INDEX (.GDAXI) Rises On Trade Deal Hopes German stocks advanced on Monday after a tabloid run by the ruling Communist Party’s official People’s Daily discounted “negative” media reports and said both countries were “very close” to a phase one trade deal. Meanwhile, the headline German IFO Business Climate Index came in at 95.0 in […]

DAX PERFORMANCE-INDEX (.GDAXI) New Trade War Target?

DAX PERFORMANCE-INDEX (.GDAXI) New Trade War Target?

DAX PERFORMANCE-INDEX (.GDAXI) New Trade War Target? Like the Dow Jones, the DAX 30 could have its hands full with trade war headlines. While the impact of US-China developments is far from negligible, it was recently announced the United States is looking to investigate the European Union under Section 301 – a statute that covers […]

DAX PERFORMANCE-INDEX (.GDAXI) uncertainty about a potential U.S.-China trade deal weighs on sentiment

DAX PERFORMANCE-INDEX (.GDAXI) uncertainty about a potential U.S.-China trade deal weighs on sentiment

DAX PERFORMANCE-INDEX (.GDAXI) uncertainty about a potential U.S.-China trade deal weighs on sentiment German stocks are notably lower Wednesday morning, as uncertainty about a potential U.S.-China trade deal weighed on sentiment and forced investors to indulge in some selling. The U.S. President Donald Trump on Tuesday threatened higher tariffs on Chinese goods if a trade […]

DAX PERFORMANCE-INDEX (.GDAXI) Resumes Higher

DAX PERFORMANCE-INDEX (.GDAXI) Resumes Higher

DAX PERFORMANCE-INDEX (.GDAXI) Resumes Higher DAX shows an incomplete Elliott Wave sequence from December 27, 2018 low favoring further upside. The rally from August 15, 2019 low (11266.48) is unfolding as an impulse Elliott Wave structure where wave 1 ended at 12814.49 and wave 2 pullback ended at 12607.06. Wave 3 remains in progress and […]