NextEra Energy stock price oversold: Goldman sees a 40% rebound
NextEra Energy (NYSE: NEE) stock price continued its strong bearish trend this week as demand for clean energy shares dipped. The shares have dropped in the past three straight days and are now...
View ArticleDAX index analysis: German stocks downtrend is still intact
The DAX index continued its sell-off as risks to the European, American, and Chinese economies continued. It slipped to a low of €14,900 on Wednesday, the lowest level since March 24th. The blue-chip...
View ArticleDAX index cheers Deutsche Bank earnings but risks remain
German stocks drifted upwards on Wednesday after the relatively strong financial results by Deutsche Bank. The DAX index, which tracks the biggest blue chip companies in Germany, rose to €14,800, a few...
View ArticleHelloFresh, Siemens Energy shares sink, dragging the DAX 40 index
The DAX index continued its relentless sell-off on Thursday a s investors reacted to several weak financial results. The index tumbled to a low of €14,667, the lowest level since March 2023. It has...
View ArticleEuropean stocks surge as investors react to Fed and BoE decision
European stock markets witnessed a substantial upswing on Thursday as investors responded favourably to the US Federal Reserve’s decision to maintain steady interest rates. The market rally also comes...
View ArticleThese 5 DAX index companies are in trouble as their stocks plunge
German stocks are not doing well as the economy goes through substantial challenges. The most recent data showed that business confidence has tumbled while manufacturing and services PMIs have...
View ArticleFTSE 250 is lagging the blue-chip FTSE 100 index in 2023
UK stocks are severely lagging their American counterparts as concerns about the British economy continue. The mid-cap FTSE 250 index has slipped by 5% this year while the blue-chip FTSE 100 index has...
View ArticleCrypto.com secures Virtual Asset Service Provider license in Dubai
Crypto.com’s Dubai-based entity, CRO DAX Middle East FZE, has successfully obtained a Virtual Assets Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), pending...
View ArticleIFO Business Climate Index adds fuel to the fire with Germany’s gloomy...
Last week, we released an article on how Germany’s growth prospects are weakening. Now, one of Germany’s most prominent economic research centres, the ifo institute, released its latest monthly...
View ArticleGood news for Germany’s exports and DAX as strikes plague country
Europe’s leading economy, Germany, has had some much-needed good news, with better-than-expected export figures. The November 2023 figures which were released yesterday showed substantial rallying,...
View ArticleGrim news for Europe as Germany announces CPI figures
This morning, Germany announced its latest inflation figures, including CPI year-on-year for 2023 and month-on-month for November 2023. The numbers showed that inflation had risen by 3.7 percent in...
View ArticleDAX index analysis as SAP and Siemens Energy stocks surge
The DAX index surged to a record high, continuing a major bull run that started in March 2020 when it dropped to €8,888. It has now soared by almost 90% and is sitting at its all-time high of €16,800...
View ArticleHedge fund shorts the DAX index top-performing stock
The DAX index has jumped sharply in the past few years and is now hovering at its all-time high. It joins other European indices like the FTSE MIB and CAC 40, which are also trading at their record...
View ArticleEurope courts technical recession as euro area GDP data is announced
Today the euro area, as well as European countries Germany, Spain and Italy, announced their latest GDP growth rate figures. The region showed subdued growth for 2023 overall, buffeted by numerous...
View ArticleGerman inflation data: is Germany heading for a stagflation?
Yesterday’s, much of Europe announced its Q4 figures for GDP growth – or contraction. And no country’s data was more alarming than Germany’s. Today brought more worrying figures to light, as Germany...
View ArticleDAX 40 index and the “sick man of Europe”
German stocks are thriving even as the economy remains under intense pressure. The DAX 40 index, which tracks the biggest companies in the country has surged to a record high and is one of the best...
View ArticleBest German stocks to buy and hold as the DAX index rallies
The DAX index has done well this year as demand for European companies continued rising. The index soared to a record high of €18,571 on April 2nd. It has soared by over 21% from its lowest point in...
View ArticleInterview: analyst David Morrison explains why DAX, CAC and Euro Stoxx 50...
May has had an interesting star performer so far in European indices like the Euro Stoxx 50, German DAX and French CAC 40. All three are continuing an upbroken positive run since the beginning of this...
View ArticleMicrosoft, Apple, Nvidia, Google are now bigger than the DAX index
American stocks’s valuations is getting out of hand. The US now has 6 companies with a market cap of over $1 trillion, with Microsoft being a $3 trillion firm. Altogether, these firms are now valued...
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