DAX Breaks Below 13,000 but monetary conditions remain soft. Until this morning we were following a bullish trend until price broke below the trend-defining level of 13,009 and currently trading around 12,950. Perhaps the market is looking for value at lower levels,...
Wage compensation continues in Germany. The German government has agreed to extend its wage compensation scheme to the end of 2021. The compensation scheme was intended to last 12 months, but given the negative effects from Covid, the government agreed to extend it in...
Wirecard are gone and Delivery Hero have arrived. Well, they’ve been around for some time, but they take Wirecard’s place on the DAX. The company is growing rapidly in the Middle East, Asia and North Africa. In Europe only in Northern and Eastern European...
Good morning traders, it’s Thursday the 20th of August and time for today’s 20-8-2020 German DAX 30 analysis. DAX 30 Review From Last Session During the last session, we saw the DAX 30 tag a session high...
The DAX threatens to break lower and test the 12,800 low again as major stock markets in Europe opened lower on Tuesday with the coronavirus continued threatening to re-emerge and cause the second pandemic wave across the continent. Total positive cases worldwide...
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