Global X DAX Germany ETF (DAX)
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Cooling Of German Labor Market Continues In September
The gradual cooling of the German labour market continues, providing further arguments for the European Central Bank doves to put an October rate cut back on the table. Recruitment plans in both industry and services have already fallen to the lowest level in a year.
Porsche AG shares rise to top of DAX, traders point to pre-close call
Shares in luxury carmaker Porsche AG are up 3.4% at the top of Frankfurt's blue-chip DAX index after traders points to positive brokerage comments following a call with investors prior to the start of the blackout period.
German Industrial Disappointment Continues
German industry disappointed in May, indicating that the entire economy could have fallen back into negative territory in the second quarter. Industrial production dropped by 2.5% month-on-month in May, from 0.1% MoM in April.
DAX Index Today: Inflation Expectations and Fed Decisions in Focus
Market volatility persists as DAX stocks adjust to international trade shifts and speculative forecasts on Fed and ECB rate decisions.
