In today’s forex market weekly preview, the price of crude oil declined by more than 30% during the Asian session. This was the lowest level in four years.
German Dax index turned lower on Monday, in a new burst of negative sentiment around US-China trade war, political developments in Argentina and Hong Kong.
The GER30 index rose to a high of €11,835 in the morning session. It then pared back those gains and is currently trading at €11,670.
German DAX index suffered a massive set-back as it lost 380 points to end at 11872; below the 12000 level for the first time since early June.
The German DAX index ended 0.53% higher on Thursday as it escaped trade pessimism that came about later in the day.
Germany's economic morale plunged to a one-year low, as the German ZEW investor confidence index tumbled to 1.9 from 12.1 last month. These are the biggest