TAG DAX

DAX steady, but trade war fears hang over markets

The DAX index has posted gains in the Friday session, after sharp losses on Thursday. Currently, the DAX is at 12,567, up 0.45% on the day. On the release front, the markets are digesting June PMI reports. Germany and the eurozone posted Services PMIs of 53.9 and 55.0, respectively, both of which beat the estimates. On the…

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DAX under pressure as investors fret over trade tensions

The DAX index has posted gains in the Thursday session. Currently, the DAX is at 12,614, down 0.65% on the day. On the release front, the sole eurozone indicator is consumer confidence, which is expected to remain pegged at zero for a fifth straight month. On Friday, Germany and the eurozone will release services and manufacturing PMI reports.…

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DAX stops slide – the lull before the storm?

The DAX index has posted gains in the Wednesday session. Currently, the DAX is at 12,740, up 0.44% since the Tuesday close. On the release front, there are no major German or eurozone indicators. German PPI remained steady at 0.5%, edging above the estimate of 0.4%. The ECB Forum continues on Wednesday, with ECB head Mario…

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DAX plunges to 3-week low on US-China trade spat

The DAX index remains under pressure in the Tuesday session. Currently, the DAX is at 12,614, down 1.71% since the Monday close. On the release front, the ECB Forum kicks off with a speech from ECB President Mario Draghi. In the eurozone, the current account surplus narrowed for a third straight month, dropping to EUR 28.4…

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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…

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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…

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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…

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