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DE30 close to yesterday's levels
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Retail and automotive under selling pressure
Today's trading on Europe's largest trading floors does not bring decisiveness. Stocks are moving close to yesterday's closing levels.
The macroeconomic calendar for today brings no major publications. A noteworthy reading may be data on durable goods orders (13:30 BST).
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DE30 index chart, H4 interval. The benchmark German blue chips are seeing mixed levels today, and are struggling to get back above support at the 38.2% Fibo retracement level (13,250 points region). It is also worth mentioning that from a technical perspective, the index has negated the ongoing uptrend. We can locate the next support levels in the region of 13,000 points. Source: xStation 5
News:
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Retail and automotive are the worst performers on the German stock market
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Source: Bloomberg
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Shares of Hugo Boss (BOSS.DE) are under pressure today from the earnings warning of US company Nordstrom (JWN.US).
The largest percentage changes of companies included in the DAX index. Source: Bloomberg
The most active stocks in the DAX index (DE30). Source: Bloomberg
