^GDAXI - DAX PERFORMANCE-INDEX
| Previous close | 9,815.97 |
| Open | 9,970.79 |
| Volume | 0 |
| Day's range | 9,849.68 - 10,096.42 |
| 52-week range | 8,255.65 - 13,795.24 |
| Avg. volume | 137,208,531 |
- FX Empire
European Equities: A Busy Economic Calendar and COVID-19 Numbers in Focus
The Futures are pointing to a positive open. Economic data and COVID-19 numbers will need to provide some hope, however, to support a 2nd day in the green.
- FX Empire
Where is the Bottom of the Abyss? Too Many Views Simply Muddy the Waters
Market volatility doesn’t appear to be going anywhere and that’s not going to change until the spread of the coronavirus slows and slows materially.
- FX Empire
Oil Crashes Again. Gold Is Ready For New Highs
As the last week of March begins, we can see the risk-off sentiment return to the market.
- Investing.com
Stocks - Europe Falls Back; Virus Measures in Place for Longer
At 3:35 AM ET, U.S. crude futures traded 6.0% lower, at $20.21 a barrel, on the prospect of lower U.S. fuel demand for longer. The international benchmark Brent contract fell 6.0% to $26.26.
- FX Empire
European Equities: Coronavirus Updates and Government Chatter in Focus
Riskier assets came under pressure going into the European open. A sharp increase in new COVID-19 cases and more stringent containment measures weigh.
- FX Empire
The Week Ahead – Coronavirus Updates and Hectic Economic Calendar to Keep the Markets Busy
It’s a particularly busy week ahead. Economic data, Brexit negotiations, and updates on the coronavirus will continue to keep the markets on edge.
- FX Empire
European Equities: A Week in Review – 28/03/20
A run of 5 consecutive weeks in the red came to an end for the European majors, as government and central bank support overshadowed the doom and gloom.
- FX Empire
Falling Knife Catchers Are About to Learn a Lesson
Today, in our analysis, we’ll focus on the United States, where the US surpassed China in the number of total COVID-19 cases.
- Investing.com
Stocks - Europe Slips After Recent Gains as Virus Cases Mount
European stock markets traded lower Friday, with investors taking stock after recent hefty gains and as the coronavirus pandemic continues to reap damage throughout the region. The broader based Stoxx 600 Europe index dropped 2.5%. The number of Covid-19 infections have continued to mount worldwide, to well above 500,000, but the news from Italy, the epicenter of the outbreak in Europe, has been disappointing as infections surged Thursday by 6,153, the most in five days.
- FX Empire
European Equities: The Futures Point to a Positive Open with no Stats to Rock the Boat…
The DAX30 saw a more modest 1.28% gain on Thursday as the majors rebounded from early losses. Hope prevailed on the day as the markets bet on the stimulus package to support the U.S economy and U.S workers. The move came in response to the U.S weekly jobless claims figures.
- Investing.com
Stocks - Europe Weakens; Policymakers in The Spotlight
European stock markets pushed lower Thursday, amid concerns about the extent of the economic damage caused by coronavirus pandemic as investors still wait for action from policy makers. The broader based Stoxx 600 Europe index dropped 1.0%. The latest economic releases in Europe showed German consumer morale hitting its lowest level since 2009 while French business confidence plunged at a record pace in March, to its lowest since 2014.
- FX Empire
European Equities: Futures Point to a Positive Open. Another Rally Would be Gravity Defying…
With the EU in lockdown mode, another rally would defy logic. The ECB’s Economic Bulletin and U.S employment figures could bring the majors back to earth…
- FX Empire
So What, No Recession?
Wednesday on the European Market started with a small pullback but I guess it’s normal after an upswing like that. The DAX is close to the 10200 points so a 38,2% Fibonacci retracement of the coronacrash.
- Financial Times
Coronavirus crisis brings fragmented Brussels together
When coronavirus hit Belgium, the country could not have been in worse political shape. Stuck with a caretaker government since December 2018, Belgium also had a stopgap prime minister, Sophie Wilmès, who had been in office for less than six months. All of which makes it even more impressive that the country acted decisively when it came to rolling out lockdown conditions and enforcing them.
- Investing.com
Stocks - Europe Pushes Higher on Stimulus Agreement
European stock markets pushed firmly higher Wednesday, with investors breathing a sign of relief that U.S. policymakers have managed to come together to deliver a massive rescue package to bolster the country’s beleaguered economy. Shares in German conglomerate Thyssenkrupp (DE:TKAG) rose over 20% after saying it would cut 3,000 jobs at its steel unit by 2026, with no forced layoffs until March 31, 2026, as part of a wage deal struck with powerful labor union IG Metall.
- FX Empire
European Equities: Coronavirus News Updates and Capitol Hill in Focus
While economic data will be in focus, the latest coronavirus numbers from Europe and the progress of the U.S Stimulus Bill will likely be key drivers.
- FX Empire
What a Surprise, There Are Actually Instruments Which Are Going Up: DAX, Gold and EUR/USD
The FED tries to lift the markets again but the bazooka which they used yesterday was more like a rubber stick than a miracle weapon or maybe it is but it works with some kind of a delay.
- Investing.com
Stocks - Europe Posts Strong Gains; Central Bank Help Key
European stock markets pushed sharply higher, helped by the U.S. Federal Reserve’s latest attempt to calm the markets and the expectation of similar help by its European counterpart. The broader based Stoxx 600 Europe index gained 3.9%. The Federal Reserve announced Monday a sweeping extension of its plans to backstop businesses and consumers by increasing its asset purchases by any volume necessary.
- FX Empire
European Equities: Private Sector PMIs to Give a Sense of the Damage
Prelim March private sector PMIs are due out and will have an impact on the majors. Expect the news wires and government action to also be in focus.
- FX Empire
Stock Indices Plummet Non-Stop as Coronavirus Drama Unfolds
German stock index DAX 30 made a massive bearish breakout after making a higher high earlier in 2020.
- Investing.com
Stocks - Europe Sells Off; Germany Faces Hefty Virus Cost
The broader based Stoxx 600 Europe index dropped 4.5%. "The costs will probably exceed everything known from economic crises or natural disasters in Germany in recent decades," Ifo President Clemens Fuest said in a statement. The statement comes after Germany imposed a two-week nationwide ban on all non-essential business and social meetings.
- FX Empire
European Equities: Futures Point to another Sell-off as more Countries Go into Lockdown
The majors are set for a major slide at the open with the DAX Futures down 672.5 points. Coronavirus news continues to batter the markets.
- FX Empire
The Week Ahead – Economic Data, Economic Uncertainty and COVID-19 Updates to Drive Risk Sentiment
Expect a tough week ahead. Economic data will give the markets an idea of just how bad things are. The COVID 19 numbers are also likely to cause alarm…
- FX Empire
European Equities: A Week in Review – 21/03/20
It was another weekly loss for the European majors. It could have been a lot worse had there not been support late in the week…
Reuters VideosStocks rebound on hopes for massive global stimulus
Asian stock markets found reasons to be positive on Tuesday (March 24). Japan's Nikkei index closed just over 7% higher - its biggest one-day gain since February 2016. South Korea's ravaged Kospi index did even better, closing 8.6% up. That was its biggest daily gain in 12 years. The rebound was driven by hopes of more massive global stimulus measures. On Monday (March 23) the U.S. Federal Reserve pledged an unlimited supply of dollars for markets. Now investors hope the Bank of Japan will do something similar. South Korea's doubling of existing stimulus measures also helped. The hopeful mood carried over into the European open. Major indexes there were all up 3-4% in early trade, with Germany's Dax the strongest performer. TeamViewer was among the big gainers there, rising as much as 10%. Some traders see the connectivity firm as a likely beneficiary of the home working trend. Such gains for European stocks came even as new data showed an economic plunge. The latest euro zone Purchasing Managers' Index plummeted to a record low 31.4 - way below the 50-point level that signifies economic expansion. On currency markets the prospect of a flood of dollars saw the U.S. currency ease back from recent highs.
