DNP-FX

DE30 11th JULY 2022

Short
OANDA:DE30EUR   Germany 30
DE 30 is considered a strong measure of German and European economic health.
German regulators put that collapse down to fears for the country's economy in the face of curbs in the supply of Russian gas that underpins industry, said one person with knowledge of the matter. Germany could be opening a bleak chapter. Although it held up better than the euro area as a whole during the pandemic in 2020, its economy did not rebound as strongly as the bloc in 2021 and is expected to lag this year. Globalisation, just-in-time supply chains and cheap energy from Russia - those are things that are changing and they are changing for good.
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