A slow down? After three days of going up, the DAX is flat today, hovering around 14,557.

Published: November 25 2022, 11:05 GMT+0

A slow down? After three days of going up, the DAX is flat today, hovering around 14,557.

DAX trades at 14,557, after ending yesterday at 14,540.

The DAX's state is reflected by market data as data for Germany GDP published today at 07:00 UTC came out at 0.4, beating projections of 0.3 and showing improvement over the preceding figure of 0.1. Highly important Business Climate Index data from Germany beat analyst expectations of 85 with a reading of 86.3. 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 Nasdaq is up 0.99% to 11,300. FTSE is up 0.33%. S&P 500 rises 0.59% to trade around 4,027.26.

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

The index has been trending positively for about a month. The DAX hit a significant low of 15.42 around 2 months ago, but has since recovered 94,200%.

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