DAX 40 Futures (EUREX) (OANDA EU Clients) forum
GER30 This can be the Start of bearish reversal on DAX i would look for sells When price breaks below 20315.35
GER40 massacre starts now
DAX it will be fun to see the melt down 🫠
DAX It will not drop until after the New Year, isn`t it?GER30 i am still bullish on DAX but this week so far for day traders shitty Price action not a good week for me so far
GER40 such a fake move in this trash index, unbelievable
GER40 This just got released. Bundesbank: German economy to shrink 0.2% in 2024
The Deutsche Bundesbank said in its latest economic outlook report on Friday that it expects the German economy to shrink by 0.2% in 2024. It also revised growth in 2025 down to 0.2%, 0.8% in 2026 and 0.9% in 2027. The central bank stressed the economy is "not only battling persistent economic headwinds, but also considerable structural problems." It cited energy costs, demographic shifts, protectionist tendencies and growing competition from emerging economies as reasons for the revision. "Private consumption is also likely to be weaker than expected in June and is no longer an independent driver of the expected economic recovery," the Bundesbank noted.
The bank added that the labor market remains "quite robust," despite being impacted by the weakness of the economy. However, it predicted a further rise in unemployment in 2025 and warned the labor market is unlikely to recover before 2026. Inflation is forecast to stand at 2.5% in 2024, 2.4% in 2025 and falling to the 2% target in 2026.
GER40 can’t wait for next week! Now the drop “if it ever happens” will be limited to around 19900. What a joke.