After Sharp decline due to several reasons (mainly leaded by COVID) the main German Index dis an impressive revovery.
But not supported in many factors, even no evident fundamental reasons. German Industries still fighting with strong energy prices, lower produstion in automobiles/automotives with strongest contest to chinese markets.
All in all: Expect near term peak and falling prices again.
23-11-28/Daniel
But not supported in many factors, even no evident fundamental reasons. German Industries still fighting with strong energy prices, lower produstion in automobiles/automotives with strongest contest to chinese markets.
All in all: Expect near term peak and falling prices again.
23-11-28/Daniel
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.