ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 Breaks Minor Trend
Last week, Germany's gross domestic product (GDP) grew by 0.4 percent in the third quarter, above market expectations, lowering the risks of recession somewhat and brought reaction to the DAX40 index. However, it is seen that the fact that the Committee members thought that the normalization in monetary policy should continue in the ECB Minutes and the negative news flows in China due to the coronavirus reduced the investor risk appetite and caused the DAX40 index to lose momentum. At this point, the index, which ended its minor trend, may be able to bring 14 100 support to the agenda, if it passes below the 14 265 level permanently. In upside trials, 14 545 and 14 670 levels can be followed.
