- Analytics
- News and Tools
- Market News
- German DAX bear market to drag on for several more months – Commerzbank
German DAX bear market to drag on for several more months – Commerzbank
The German DAX index has fallen significantly since the beginning of the year. When comes the recovery? Strategists at Commerzbank show why the bottom has probably not yet been reached.
DAX trend reversal still a long time coming
“The German DAX index has already lost more than 20 percent during the year 2022. But the DAX bear market is probably not over yet.”
“Further increases in US key interest rates, too high expectations for DAX profit margins and a still elevated DAX price-to-book valuation argue against a quick turnaround of equity markets.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
