EUR/USD 1.15883
0.177%
Gold 4424.11
1.097%
Oil 81.946
0.566%
USD/JPY 159.354
-0.001%
GBP/USD 1.35618
0.203%
GBP/JPY 216.118
0.202%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to real-time data from Lighthouse Pro, as of 00:00 on August 18, the box office of the film "Welcome to Dragon Restaurant" has exceeded 1 billion yuan.On August 17, the General Staff of the Armed Forces of Ukraine announced on social media that it had launched attacks on multiple Russian military storage, launch, and control facilities for attack drones in Crimea and Kherson in the early hours of the day. The General Staff stated that a storage and launch site for Russian attack drones in the village of the Guards in Crimea caught fire after being attacked by Ukrainian forces. In addition, the Ukrainian military also attacked a ground control station for attack drones in western Crimea and the communication and power generation equipment of a drone relay station in southwestern Kherson. Ukraine stated that its military will continue to launch attacks on key Russian military targets.Market news: A senior Iranian official denied Iranian involvement in the drone strike targeting the Iraqi Kurdistan Regional Governments office in Erbil. The official stated that the incident was yet another false flag operation and had nothing to do with Iran.The German DAX 30 index closed down 97.04 points, or 0.37%, at 26,335.82 on Monday, August 17; the UK FTSE 100 index closed down 30.96 points, or 0.29%, at 10,719.15 on Monday, August 17; and the French CAC 40 index closed down 57.20 points, or 0.66%, at 8,579.60 on Monday, August 17; the Eurozone... The Stoxx 50 index closed down 10.24 points, or 0.16%, at 6529.35 on Monday, August 17; the Spanish IBEX 35 index closed down 183.06 points, or 0.91%, at 19973.54 on Monday, August 17; and the Italian FTSE MIB index closed down 9.61 points, or 0.02%, at 53574.00 on Monday, August 17.The Office of the Canadian Minister of Trade: Secretary LeBlanc and chief negotiator Charette will meet with U.S. Trade Representative Greer and Commerce Secretary Lutnick at the Department of Commerce in Washington, D.C. at 1:00 p.m. ET today (01:00 a.m. Beijing time the following day).

Two Trades to Watch: DAX, GBP/USD

Jimmy Khan

May 07, 2022 10:43


微信截图_20220507103127.png


The DAX is falling as industrial output declines.


After a slaughter on Wall Street that saw the Nasdaq finsh 5% down, European equities have begun in the red, extending losses from the previous day.


Fears of inflation, stagflation, and recession are weighing on the market as we approach the weekend. The DAX is expected to shed 1.4 percent this week, marking the fifth consecutive week of losses.


In March, German industrial output decreased -3.9 percent on a month-over-month basis, down from 0.2 percent in February and considerably below the -1 percent drop forecast. The negative report comes on the heels of a sharp drop in German manufacturing orders in March. The data represents the economic effect of the Russian conflict on Germany and the Eurozone as a whole.


Germany does not have any additional statistics due today. Sentiment and the US NFP announcement will affect European indexes.

Suggestion