DAX volatile due to Geopolitical tension

DAX was up on Friday after testing the low level of 18951 in the last trading session as the yield on the German 10-year Bund fell to 2.2%, the lowest in about a month, after weaker-than-expected PMI data heightened concerns about the increasingly bleak economic outlook for Europe. Preliminary PMI data indicated a return to contraction in Eurozone private sector activity, with the services sector joining the manufacturing downturn. Germany and France emerged as the weakest performers in the region.

Recent News

DOW JONES ANALYISIS

November 05, 2024

Market Insights

GBP/JPY takes a breather from a two week...

March 06, 2025

Market Insights

Bitcoin Weekly Forecast: New high of $10...

November 16, 2024

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window