Yesterday’s session was really boring, just take a look at important currency pairs: EURUSD +0.04%, GBPUSD +0.18% and stocks: S&P500 +0.13%, NASDAQ +0.17%, CAC40 -0.27%, DAX +0.23%.
There was opportunity of gains in China, where B-Share Index grew 3.99% and it went above monthly top. Better situation in China and delay of first rate hike by FED can improve situation on stocks. Yesterday oil decreased quite much. Both Brent and Crude oil lost 4,5% value.
German indices not consistent: DAX +0.23%, MDAX -0.74%, SDAX +0.13%, TECDAX -0.4%. 13 of 30 DAX companies gained yesterday, 16 lost and 1 didn’t changed price. The biggest gains: RWE +9.35%, E.ON +4.95%, VW +1.83%. Volkswagen in two weeks raised from 86.36 to 108.55 EUR but top from March is still very far (262.45 EUR). The biggest losses: K+S -2.49%, ThyssenKrupp -2.43%.
IF YOU ARE INTERESTED IN INVESTING ON INDICES LIKE DAX30, TRY FREE FXGROW ACCOUNT.
Yesterday’s session was bouncing from band to band on DAX futures. Support is at 10,050 pts and resistance is at 10,180 pts. There is still no clear direction, there is enough space for both bulls and bears.
