Slow down? Following a three day winning streak, the DAX faltered today; now hovering around 14,541

Published: November 25 2022, 17:26 GMT+0

Slow down? Following a three day winning streak, the DAX faltered today; now hovering around 14,541

Today at a glance: DAX moves 0.01% to close at 14,541 today.

This uncertain state for the DAX is reflected by published market data as highly important GDP data from Germany beat analyst expectations of 0.3 with a reading of 0.4. Germany Business Climate Index improved upon its previous reading of 84.5 with a new data release of 86.3. Germany GDP beat the 1.1% projections, with 1.2%.

While the DAX was pretty flat today, mixed performances were seen elsewhere as Dow Jones moves up 0.48% today and closed at 34,200. FTSE went up by 0.27% today, and closed at 7,486.67. Hang Seng stumbles 0.49% today and closed at 17,661.

Data to be released Monday might clear up some of the market fog as Euro Zone CFTC EUR speculative net positions is scheduled for 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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