DAX fall from daily TL.

DAX was down on Tuesday after testing the high level of 19619 in the last trading session as The annual inflation rate in Germany was confirmed at 2.0% in October 2024, accelerating from September’s three-and-a-half-year low of 1.6% and matching preliminary estimates. This marked the highest inflation in three months, as services inflation (4% vs 3.8% in September) and food (2.3% vs 1.6%) accelerated while rebounding for goods prices (0.4% vs -0.3%). In addition, energy costs declined less (-5.5% vs -7.6%), mainly other solid fuels (-12.7%) and light heating oil (-13.4%), amid base effects.

Recent News

GBPUSD making a Bearish Flag

November 21, 2024

Market Insights

GBPJPY making a bullish flag on Daily ti...

December 24, 2024

Market Insights

US30 Rebounds from Support Zone Eyeing R...

February 26, 2025

Market Insights

NASDAQ is sustaining on daily Resistance...

December 24, 2024

Market Insights

CPI - CONSUMER PRICE INDEX

December 11, 2024

Market Insights

GBPJPY fall after Retail sales and PMI d...

November 22, 2024

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window