After three days of going up, the DAX is down 18 points today

Published: November 25 2022, 15:51 GMT+0

After three days of going up, the DAX is down 18 points today

DAX is down to 14,522, after ending yesterday at 14,540. Overall, a 0.12% loss or 18 points today.

On the flip side, 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. 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.

While price action maintains a negative bias, Germany GDP released today at 07:00 UTC is better than expected at 1.2% but down from preceding data of 1.7% according to new data.

In the meantime, negative performances are also seen in other markets, Hang Seng is trading around 17,574 (down 87.32 points).

Positive performances can be seen by looking at other markets as Dow Jones added 0.47% to its value, now trading at 34,356. ASX 200 is up 0.24%.

Furthermore, Euro Zone ECB's De Guindos speech is scheduled today at 17:00 UTC. Euro Zone CFTC EUR speculative net positions scheduled to come out 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.

Back