Two Trades to Watch: DAX and Oil Outlook
DAX Resilient Despite Manufacturing Weakness Despite losses in the previous session, the DAX index is poised for a mildly positive start as investors assess the latest data from Germany. Industrial production in Germany increased by 0.3% month-on-month in April, recovering from the 3.4% decline in March. However, concerns persist as recent German manufacturing PMI data […]
European Central Bank’s Lending Survey Shows Signs of Concern in Credit Market: DAX Analysis
Impact of European Central Bank’s Lending Survey on Credit Market and DAX Analysis The European Central Bank’s (ECB) interest rate decision last week was preceded by the release of updated credit data, revealing a reduction in general credit standards and, more concerningly, a significant drop in the demand for credit, according to a DailyFX.com analysis. […]