dax

The DAX, as it's most commonly known, is the largest of the indices on the European mainland, generally seen as the benchmark for core economic performance. The name is an abbreviation of Deutscher Akienindex (German stock index) and is run by Xetra - itself a subsidiary of Deutsche Boerse. The 30 part indicates that it has that number of compon...

2018-09-18 Daniel John Grady Read more

Summary: GDP rises 0.5 % on the previous quarter (price, seasonally and calendar-adjusted) GDP rises 2.3 % on the same quarter a year earlier (price-adjusted) GDP rises 2.0 % on the same quarter a year earlier (price-and calendar-adjusted) Inflation rises 2.0% in July [shortcode-variables slug="act_tradeideas"] Economic activ...

2018-08-21 John Benjamin Read more
european central bank

The European Central bank released its economic bulletin on Wednesday last week. In the note, the central bank claimed that private consumption in the Eurozone had further room to grow. The central bank sounded optimistic as it expects the economic expansion to grow despite external headwinds. [shortcode-variables slug="learn-forex-basics"] ...

2018-08-14 John Benjamin Read more
merkel

While most of the recent market attention has been on the political situation in Italy, the political environment in Germany has been bubbling over. The historic alliance between the German CDU party (of Chancellor Merkel) and the Bavarian CSU party has become strained to the point of breaking over diverging views on migration policy. CSU Break...

2018-06-20 James Harte Read more
German economy loses momentum in Q1 2018

The German economy loses momentum in Q1 2018, rising at a slower pace than initially forecast in the first three months of the year. Data from federal statistics agency, Destatis showed that the Eurozone's largest economy grew at a pace of just 0.3% on a seasonally adjusted basis during the three months ending March 2017. The pace of growth w...

2018-05-22 John Benjamin Read more
German exports posts the biggest decline

Exports from Germany fell sharply in February marking the biggest monthly decline since 2015 as the trade surplus narrowed. Official data released on Monday showed that growth in Europe's largest economy might have slowed towards the end of the first quarter. On a seasonally adjusted basis, German exports fell 3.2% on a month over month basis...

2018-04-19 John Benjamin Read more
2017 Market Events Roundup

The year 2017 was a very eventful one, and a year when geopolitical uncertainties drove market trends globally. The year saw a massive surge in the US stock markets, ahead of the proposed tax cuts, a slump in the value of the British pound due to the Brexit drama, and surprising growth for the European and Asian markets. South Africa went and ca...

2018-01-17 Orbex Read more

With the New Year on the horizon it’s time to take a look back over 2017 and explore what happened to the big calls that were being made at the beginning of the year.   The Trump Trade   At the start of the year, the main market focus was the newly appointed US President Trump and the prospect of massive fiscal stimulus and an ...

2018-01-17 James Harte Read more
Euro currency cheers upbeat German data

The final revised GDP figures from Germany showed that the economic activity in the region rose 0.8% in the three months leading up to the end of September. This was higher than previous estimates which showed a 0.6% increase. Following the release of the GDP data, the euro currency rose over 1.1% on Tuesday of last week. Economists were expe...

2017-12-12 John Benjamin Read more
German Political Uncertainty

Coalition Talks Break Down On Sunday evening, the first attempt to form a “Jamaica coalition” in Germany failed. The CDU-CSU, FDP and Greens were unable to come to an agreement, ending with the FDP walking away from negotiations on the grounds that the compromises needed to secure a coalition would jeopardise the party’s electoral line. Give...

2017-12-12 James Harte Read more