A slow down? After three days of going up, the DAX is flat today, hovering around 14,523.

Published: November 25 2022, 14:16 GMT+0

A slow down? After three days of going up, the DAX is flat today, hovering around 14,523.

DAX trades at 14,523, after ending yesterday at 14,540.

The DAX's state is reflected by market data as highly important GDP data from Germany beat analyst expectations of 0.3 with a reading of 0.4. Data for Germany Business Climate Index published yesterday at 09:00 UTC came out at 86.3, beating projections of 85 and showing improvement over the preceding figure of 84.5. Data for Germany GDP released today at 07:00 UTC is better than expected with 1.2%, but worse than previous figure of 1.7%.

While the DAX is pretty flat so far today, mixed performances are seen elsewhere as having closed the previous session at 11,174, Nasdaq is up 0.99% today to currently trade at around 11,300. S&P 500 is up 0.59%. Hang Seng closed at 17,574 (down 0.49%).

Moreover, Euro Zone ECB's De Guindos speech is scheduled today at 17:00 UTC. Euro Zone CFTC EUR speculative net positions will be released today at 19:30 UTC.

The index has been trending positively for about a month. Having set a significant high of 16,272 2 months ago, the DAX is trading 94,200% lower.

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