The German manufacturing downturn deepens in October with a faster decline in both new orders and output being noted. The only consolation is that inflation pressures have cooled a little but are still...
Prior 47.8Services PMI 44.9 vs 44.7 expectedPrior 45.0Composite PMI 44.1 vs 45.3 expectedPrior 45.7The German economy sinks deeper into contraction territory to start Q4 with both the services and composite readings being at...
Scholz has hinted at a coalition deal on this for a few weeks, so it's no big surprise. However there were some rumblings that it could be blocked. In any case, the question...
A harsh winter beckons for the German economy and the forecasts certainly underscore that. The energy crunch and soaring inflation pressures are to hit households hard, and these aren't issues that are going...
DAX (German 40) Talking PointsDax 40 rejected by Fibonacci resistance as prices fall back towards long-term psychological support holding at 12,000.Dax futures remain bound between 12,000 and 12,400, providing support and resistance for...