DAX and FTSE Cautious as Markets Digest Darkening Economic Prospects
[ad_1] DAX 40: Key 13000 level in Play as Growth Outlook and Recession Fears Weigh. FTSE 100: Energy and Mining Stocks Keep Losses in Check. Equities Q3 2022 Forecast DAX…
Lackluster Eurozone PMI adds Further Pain to EURUSD
[ad_1] Eurozone PMI Key Points: Eurozone S&P Global Manufacturing PMI Flash (AUG)49.7 vs July 49.8. 26-month low. Eurozone S&P Global Services PMI Flash (AUG)50.2 vs July 51.2. 17-month low. EURUSD…
DAX 40 Continues its Move Lower as German PPI Adds to Inflation Fears
[ad_1] German PPI Beats Estimates. Actual 37.2% vs 32% Expected YoY, Actual 5.3% vs 0.6 Expected MoM. Commodity-Reliant Industries Are Buckling Under Energy Costs. Key Rhine River Waypoint Expected to…
Red-Hot Inflation Rekindles Stagflation Fears
[ad_1] GBP Key Points: Outlook: Bearish UK Inflation Hit Double Digits. BoEExpects Inflation to Top Out at 13.3% in October. UK Consumer Confidence Remains at All-Time Low. Markets Price in…
DAX 40 Edges Higher Despite a Pause in Global Stock Rally
[ad_1] German ZEW Economic Sentiment Index Falls (Aug): -55.3 vs -53.8 exp. Germany Slaps Levy on Households to Spread Pain of Gas Surge. Rhine River Levels Remain a Concern. DAX…