Dax

As 2024 winds down, investors focus on pivotal central bank decisions from the Fed, BoJ, and BoE. The Fed is expected to announce a "hawkish cut," while the BoJ and BoE hold steady amid inflation concerns. Germany's worsening business sentiment contrasts with rising U.S. optimism. The DAX tests support near 20,193 as it pauses from its rally. With housing data, Powell's press conference, and earnings from General Mills and Micron, markets are primed for potential volatility.

Germany's latest economic data paints a mixed picture: the Ifo Business Climate fell to 89.7, and ZEW current conditions dropped further to -77.4, signaling ongoing economic weakness. However, ZEW Economic Sentiment improved to 15.2, reflecting cautious optimism for recovery in 2025. Meanwhile, the DAX tests key support at 20,193 as technical indicators hint at short-term consolidation.

Global markets are cautious as key central bank meetings loom, with the Fed expected to cut rates and the BoJ maintaining ultra-loose policy. Bitcoin surged to a record $106K, while gold pulled back from highs amid ETF outflows. European markets wrestle with stagnation despite modest growth in services PMI. The DAX holds strong, ranging between 20,474 and 20,193.

Global markets struggle as Asian stocks fall, Nasdaq gains, and coffee futures hit record highs amid supply concerns. Europe faces widening productivity gaps with the U.S., while the DAX maintains its bullish momentum. Key support at 20,193 and resistance at 21,000 set the stage for the next move. With critical rate decisions from the Fed, BoJ, and BoE ahead, investors face a complex landscape.

Asian stocks dropped Friday as the dollar surged on global rate cuts, spurring emerging market concerns. Meanwhile, the DAX hit record highs as ECB rate cuts boosted sentiment. Oil and gold steadied, with gold rising 2.1% on monetary easing. In corporate news, Adobe fell on AI concerns, Oracle faced cloud competition, and Microsoft rejected Bitcoin adoption.

The ECB is expected to cut rates by 25 basis points to boost the eurozone's sluggish growth, while U.S. PPI data reveals easing wholesale inflation at 0.2%. Don’t miss the 30-year bond auction insights, revealing investor confidence and economic expectations. Plus, check out DAX technical analysis as it hovers near record highs.

Global markets pause as investors await US inflation data and Canada's rate decision. Bitcoin ETF sets records, Asian markets dip, and global stocks highlight gains from DocuSign and Rivian, with Nvidia facing antitrust probes. Key movers include Google, Boeing, and Xiaomi’s new EV launch.

Analysts expect a 0.25% rate cut at the ECB meeting on Thursday, bringing the deposit rate to 3.00%. The focus will be on updated growth and inflation forecasts, with concerns over weakening growth for 2025 potentially leading to a downward revision from the current 1.3% growth estimate.

DAX falls as inflation rises & SAP drops. FTSE falls after disappointing China trade data.

The DAX closed at 20,385 points, gaining 4% for the week, while Bitcoin surged past the $100,000 milestone, fueled by optimism over U.S. pro-crypto policies.

The DAX surged to 20,400, breaking above key resistance at 20,200 and testing the upper boundary of its ascending trendline. Meanwhile, Bitcoin hit the $100,000 milestone, driven by U.S. crypto-friendly policies and market optimism, ahead of crucial NFP data today.