DAX sharp fall after FOMC

DAX was up on Thursday after testing the low level of 19966 in the same trading session as The GfK Consumer Climate Indicator for Germany rose to -21.3 points heading into January 2025, up from a marginally revised -23.1 points in the previous period, which was the lowest level since May. This latest figure exceeded market forecasts of -22.5 points, driven by a recovery in income expectations (1.4 vs -3.5 in December) and a slight increase in willingness to buy (-5.4 vs -6.0).

Recent News

DOLLAR INDEX

October 21, 2024

Market Insights

DAX making bullish flag, bulls come back...

October 24, 2024

Market Insights

Silver (XAG/USD) Poised for a Breakout...

March 07, 2025

Market Insights

NASDAQ making bullish flag in 4 hr

February 05, 2025

Market Insights

Gold losses its shine as Trump trade ful...

November 06, 2024

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window