GER30 Upbeat despite the Contraction of the Manufacturing Sector
Today’s preliminary data showed that Eurozone and Germany manufacturing activity contracted in July, but the German index is constructive
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Today’s preliminary data showed that Eurozone and Germany manufacturing activity contracted in July, but the German index is constructive
The German index starts the week with caution, as investors remain jittery due to fears of an economic downturn, with the maintenance shutdown of Nord Stream weighing on sentiment
In a holiday-shortened week in the US, there was not a lack of news, as we had the latest sales figures from Ford, Amazon got a stake in a food delivery firm among other developments, as markets prepare for the latest earnings season
Shorts may target the GER30 Friday rally.
The German index slumps today and sets new June lows, heading towards its worst month of the year, amidst broader risk-off mood
Against a backdrop of high inflation, tightening monetary environment and recession fears that has been detrimental to global stock markets, we take a look at some companies that will be on our radar over the coming months
The German government entered into the second level of its emergency plan for gas yesterday, which sent GER30 lower, heading towards another losing week
The DAX index's primary trend turns down.
The central bank delivered another 25 basis point interest rate hike, in order to bring down rampant inflation, which it sees rising to double-digits
The European central bank signaled interest rates lift-off in July and more hikes ahead, sending the index lower on Thursday, which tries to react today
The World Bank slashed its Euro area and global GDP projections yesterday, while today we see cautious market sentiment after mixed economic releases and ahead of ECB’s policy decision on Thursday
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