DAX bounce back from Daily Support levelS

DAX was up on Wednesday morning after testing the low level of 18871 in the last trading session as Producer prices in Germany shrank 1.1% year-on-year in October 2024, following a 1.4% fall in the previous month, matching market forecasts. This marks the 16th consecutive period of producer deflation, dragged by a sharp decline in energy prices (-5.6%), with costs falling for mineral oil products (-12.9%), light heating oil (-22.7%), fuels (-12.1%), natural gas (-10.1%), and electricity (-7.3%). Excluding energy, producer prices increased by 1.3%.
Recent News
Dow Jones at a Crucial Point Watch for B...
March 12, 2025
Market Insights
Smart recovery in Yen pairs. EUR/JPY bou...
March 05, 2025
Market Insights
DAX Poised to Test Key Support Level
December 20, 2024
Market Insights
Dow Jones at Critical Support Flag Forma...
February 28, 2025
Market Insights
Gold trading in tight range amid Geopoli...
December 09, 2024
Market Insights
Gold Price Drops to $3,000 Amid Geopolit...
March 24, 2025
Market Insights