ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 Erased 1-Month Earnings
The previous day, the preliminary reading of PMI data published by IHS Markit and S&P Global for August revealed that the activities in the manufacturing and non-manufacturing (construction, service) sectors in Germany have slowed down rapidly. The DAX40 is under selling pressure as a result of the indicator. With the increase in global investor stress, the index, which erases the earnings of 1 month, can achieve a sales potential of up to 12 875 psychologically behind 13 000 with its permanence under 13 255. 13 385 resistance will be followed in the transition over the possible 13 255.
