DAX 30 Fails to Gain On German Industrial Production
Tuesday,08/03/2016|06:35GMTby
DailyFX News
Talking Points If the DAX 30 breaches the lower limit of the range shown over the last few days ...
Talking Points
If the DAX 30 breaches the lower limit of the range shown over the last few days at 9691, the DAX might reach the psychological level of 9500.
Eurozone 4Q GDP is expected to rise by 1.5% YoY according to a Bloomberg News poll.
Traders may be on their way to give up on the DAX 30 (FXCM: GER30) as German Industrial production beat expectations this morning, but the DAX failed to gain and instead declined.
Industrial Production rose by 2.2% YoY from -2.2%, and thereby overtook the Bloomberg Poll projection of -1.6%.
If the DAX 30 breaches the lower limit of the last few days range at 9691, we may see lower prices and the DAX might reach the psychological level of 9500. Such a break may be used by traders that have a long term bearish outlook and therefore don’t be surprised if the downward trend of the last few months resumes.
Traders waiting for that stronger confirmation of a reversal taking place will stand on the side-lines today and will likely instead wait for a break to the January 27 high of 9931. On such a break, the DAX 30 may reach the January 13 high of 10,164 and this would also be in line with the bullish trend since mid-February. Please see the chart below.
Eurozone GDP
Eurozone GDP for the fourth quarter is due at 10:00 GMT and expected to rise by 1.5% YoY according to a Bloomberg News poll. A stronger than expected reading would generally support the DAX, but as we saw with German industrial production this morning, this may not be the case, as bullish traders are nervous after a week with no gains.
U.S. NFIB Small Business Optimism Index is on deck this afternoon and a Bloomberg News Survey projects a rise to 94 from 93.9.
If the DAX 30 breaches the lower limit of the range shown over the last few days at 9691, the DAX might reach the psychological level of 9500.
Eurozone 4Q GDP is expected to rise by 1.5% YoY according to a Bloomberg News poll.
Traders may be on their way to give up on the DAX 30 (FXCM: GER30) as German Industrial production beat expectations this morning, but the DAX failed to gain and instead declined.
Industrial Production rose by 2.2% YoY from -2.2%, and thereby overtook the Bloomberg Poll projection of -1.6%.
If the DAX 30 breaches the lower limit of the last few days range at 9691, we may see lower prices and the DAX might reach the psychological level of 9500. Such a break may be used by traders that have a long term bearish outlook and therefore don’t be surprised if the downward trend of the last few months resumes.
Traders waiting for that stronger confirmation of a reversal taking place will stand on the side-lines today and will likely instead wait for a break to the January 27 high of 9931. On such a break, the DAX 30 may reach the January 13 high of 10,164 and this would also be in line with the bullish trend since mid-February. Please see the chart below.
Eurozone GDP
Eurozone GDP for the fourth quarter is due at 10:00 GMT and expected to rise by 1.5% YoY according to a Bloomberg News poll. A stronger than expected reading would generally support the DAX, but as we saw with German industrial production this morning, this may not be the case, as bullish traders are nervous after a week with no gains.
U.S. NFIB Small Business Optimism Index is on deck this afternoon and a Bloomberg News Survey projects a rise to 94 from 93.9.
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- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
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- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
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The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
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Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
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In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
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Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech