The DAX Index Decreased by 0.27%

Forex News

Germany's DAX stock index remains under pressure today. The DAX index fell by 0.27% and is trading at 13.346.50 level. Stock markets are sensitive to corporate earnings, and disappointing figures on Tuesday caused the decline in the DAX index by 1.0%. Germany's trade surplus improved to 21.8 billion euros, with a forecast of 21.6 billion euros.

The Eurozone economy remains stable in 2017. Retail sales, the main indicator of consumer spending, increased by 0.7% in September. Consumer confidence is high, and markets are hoping for higher consumer spending in the fourth quarter.