The DAX Index Softens, German Data Next

DAX has dropped 0.33% to trade at 12,933.50. Eurozone M3 Money Supply marked 4.9% and Private Loans indicated 2.8%. Today, Germany will release Preliminary Consumer Price Index. Eurozone Q3 Gross Domestic Product is widening 0.7%. ECB’s GDP projection for the coming year has been improved to 2.3% from 1.8%. DOW is still in a long term acceleration phase and 161.8% projection of 10404.09 to 18351.36 from 15450.56 at 28308.59 can be aligned in 2018.