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19%  
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Keyword: dax

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  • European stocks close with worst week since March 2020 and euro plunges to 2-year low as Russia-Ukraine war worries build

    03/04/2022 1:38:26 PM PST · by aimhigh · 7 replies
    Market Watch ^ | 03/04/2022 | Barbara Kollmeyer
    Investors dumped European stocks and the euro currency on Friday, as anxiety ramped up over an intensifying war in Ukraine. Bank of America said the most money ever flowed out the region over the last week.The Stoxx Europe 600 index XX:SXXP closed down 3.6% and lost 7% for the week, the biggest since March 2020 when the coronavirus pandemic began, in the wake of Russia’s invasion of Ukraine.The German DAX DX:DAX closed down 4.41% and French CAC 40 FR:PX1 was down 4.97%, while the FTSE 100 index UK:UKX closed down 3.48%. The euro EURUSD was under pressure, down 1.3% to...
  • The Market Is Flashing Signs Of 'Deep Instability'

    04/17/2013 7:48:52 AM PDT · by blam · 19 replies
    TBI ^ | 4-17-2013 | Joe Weisenthal
    The Market Is Flashing Signs Of 'Deep Instability' Joe WeisenthalApril 17, 2013, 7:17 AMThe big market story this morning is the selloff in Germany, which happened in a flash, and without an obvious explanation. Sebastien Galy of SocGen sees this as a sign of rising jitters and instability. It took only some speculation of a German downgrade to send the DAX plunging sharply lower, before it partially recovered. The sensitivity of different markets to negative surprises seems to have risen sharply recently, particularly in Europe and the broad EM spectrum. It suggests that the period of consolidation is continuing. Until...
  • Momentary Freefall: Europe's Getting Crushed (again) [NOT News]

    09/05/2011 7:08:42 AM PDT · by the invisib1e hand · 52 replies
    090511
    DAX -3%FTSE - 5% It's a freefall at the moment.
  • German panic floors Dax (HOLD MEIN BIER, THE NEXT GENERATION)

    10/09/2002 10:30:53 PM PDT · by MadIvan · 17 replies · 192+ views
    The Daily Telegraph ^ | October 10, 2002 | Malcolm Moore
    The German economy went into red alert yesterday as investors again sold out of the stock market, sending the Dax to a fresh six-year low. The market fell a further 1.64pc, bringing total losses this year to more than 50pc, despite positive manufacturing figures. "Shares are just crumbling," said one trader. The Dax closed 24.21 points lower at 2597.88, having been as low as 2519.30 at one stage. Each 10pc drop in share prices reduces consumption in Germany by as much as 0.19pc, said Bundesbank president Ernst Welteke. He added that falling markets would "have an effect on the real...