GER30 Rebounds on Improved Sentiment
The German index made a very poor start to the week, but has been recovering since Tuesday, as markets continue to monitor the situation in Ukraine
Page 9 of 16
The German index made a very poor start to the week, but has been recovering since Tuesday, as markets continue to monitor the situation in Ukraine
In today's "Morning Market Review," we explore oil's reaction to President Biden's announcement that the US will ban imports of Russian oil. We also consider the jump in the GER30 during a down-trending market.
In this "Morning Market Review," we discuss the possibilities around stagflation and gold. Then, we consider FXCM's DAX CFD, GER30. Markets are oversold, but oscillators may stay at extremes for longer than usual, given the solid risk-off sentiment.
This was a bad week for equities due the war in Ukraine, but besides that, we got many interesting corporate news that spanned from earnings, to delivery updates from Nio and Xpeng, Ford’s EV acceleration and other noteworthy developments
Startling satellite imagery shows a massive convoy of Russian military vehicles advancing towards Kyiv. The convoy is estimated to be 65 km long. The images are from Sunday or Monday, and given how fast things are changing on the ground, the convoy shape may have altered. Nevertheless, there is growing concern that Russia is preparing to launch a full-scale assault on the Ukrainian capital. Other satellite images suggest a military…
Germany announced an increase in military budget and the supply of weapons to Ukraine, as markets remain on edge over the Russia-Ukraine conflict
This escalation to military conflict has led to a risk-off sentiment in the financial markets.
German Chancellor announced yesterday the halt of the Nord Stream 2 pipeline, as a response to Russia’s escalation around Ukraine
The European plane maker announced solid financial results for full 2021, before markets opened today, but the stock is down
News of partial withdrawal of Russian troops from the border with Ukraine, have created optimism to the markets, helping GER30 to profits
During the week of February 7-11, we saw a big number of companies reporting their financial results, not only from the US, but form Europe as well. Disney and its DisneyPlus streaming service, was probably the main focal point
Risk Warning: Trading Margin FX/CFDs carries a high level of risk, and may not be suitable for all investors. Leverage can work against you. By trading, you could sustain a total loss of your deposited funds but wholesale clients could sustain losses in excess of deposits.
Exchange: ${getInstrumentData.exchange}
${getInstrumentData.bid} ${getInstrumentData.divCcy} ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%) ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%)
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.