The DAX Index Suddenly Weakened
DAX has significantly eased, dropping 1.35% to 12,180 and marking its minimum since August 17. The sentiment is burdened by the threat of trade war between the U.S. and China and the unsuccessful dialogue between the two. Dollar, on the other hand, is riding on the jitters. Eurozone industrial producer prices increased 0.4% in July. Tomorrow, Germany and the Eurozone will feature Services PMI. Additionally, we’ll get retail sales from the Eurozone.