DAX, DOW and FTSE Slip as investors in Havens

  • DAX 40:Low as ZEW Economic sentiment is on the rise.
  • FTSE 100:Unsurprisingly as the stock market continues to decline, the PM’s war is raging.
  • DOW JONES:Down when it comes time to make money.

Q3 2022 forecast

DAX 40: Decline as ZEW Economic Sentiment Disappoints

of the Dax keep pressing in the open China-covid move problem with concerns about the Eurozone. Today ZEW thinks economic thinkingThe reading for the Eurozone and Germany is poor and low expectations are not dashed by the margin.

The Eurozone is in trouble get required inside natural gas prices, and the closure of the Nord Stream pipeline for service It is worth considering the impact on gas and the DAX if Putin uses energy to attack Europe. High natural gas prices affect business and consumer decisions, increase costs and can delay production. This had a significant effect on Germany’s growth, with the industry relying heavily on labor and physical resources.

Red won the segment with users of cyclicals and non-cyclicals leading the way, both with losses of 1.76% each.

DAX 40 Daily Index- July12, 2022

DAX, DOW and FTSE Slip as investors in Havens

Comment: IG

From a technical point of view, we have continued to decline the 13000 psychological level yesterday and continue to decline today. The daily candles were replaced yesterday as a bearish engulfing light of our thinking level indicating the possibility of a downward spiral. Price continues to be the main factor and technologies he Not wanting now for long -term desire.

Intraday key levels to watch:

Support Pieces

Areas of Controversy

FTSE 100: Unexpectedly as stock market volatility continues to decline, PM war is heating up

of the FTSE opened the European market low and twisted between small gains and small losses in the morning session. Rishi Sunak threw his hat into the ring to become UK Prime Minister. Mr. Wright said. Sunak, who is hosting its press conference on Tuesday, will call its plan to address the economic “headwinds” the country is facing, saying it is a matter of “if” not “if” the tax fall will begin. . He promised to cut taxes but only once was the increase back under control.

In the face of wealth, UK retail sales fell for the third month in a row as families cut back on retail sales amid rising prices. June’s British Retail Consortium-KPMG tracker reported that retail prices had fallen to a number not seen from the depths of the disease.

The breakdown of the blue-chip sector was combined with equipment sending revenues of 1.1% and the standard equipment in the red.

FTSE 100 Currency Exchange daily – July 12, 2022

DAX, DOW and FTSE Slip as investors in Havens

Source:IG

of the FTSE closed last week as a man your lamp Signing the movement of the past week may be short. Yesterday we managed to close above our support level and the 23.6% fib level on the daily chart. As we lowered the European exchange rate, the 23.6% fib level provided support. A break below can open a show of support and a moment in the range. We are between the 0% and 50% fib level from 10th o June is the perfect time to remember if we can reach any of those levels.

Stock Markets with Fibonacci Retracements

Intraday key levels to watch:

Support Pieces

Areas of Controversy

DOW JONES:Down when it comes time to make money

T saidis it The Dowselling low in the premarket market as we join it’s a season that has a critical quarter and critical data of growth in size.The cash flow season begins later this week with major banks due to report their second quarter results. O Dmy big PepsiCo rinksted the ball rolling on Tuesday, with the soft drink giant boosting the full -year earnings forecast, aided by continued demand for its foods, with rising prices.Businesses lowered their expectations for the quarter me aAnnual S&P earnings are expected to grow 5.7% during April and June, according to data from Refinitiv on Friday, from a forecast of 6.8% at the start of the quarter.

The economic calendar today is calm, as well member of the US Federal Reserve Thomas Barkin speaking at 16H30 GMT just released the message.

DAX, DOW and FTSE Slip as investors in Havens

Personalize and filter real estate data through our DailyFX economic calendar

DOW JONES Daily Index – July 12, 2022

DAX, DOW and FTSE Slip as investors in Havens

Comment: IG

From a technical point of view, yesterday the price was driven from the opposition given by the 50% pae fib While creating a new low altitude. We approached the third hit of the trendline but did not do so. Given the current state of the numbers, a high bounce could see us place the trendline resistance around the 31400 area before declining and re -testing the 30500 support area. .

Key intraday pae kela he need to watch:

Support Pieces

Areas of Controversy

Written by: Zain Vawda, Market Writer for DailyFX.com

Follow and follow Zain on Twitter: @zvawda

Leave a Comment

%d bloggers like this: