US EditionCMC Markets: DAX appears to have hit its peak – US-China agreement fails to spark new buying activity - Wealth DFM
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CMC Markets: DAX appears to have hit its peak – US-China agreement fails to spark new buying activity - Wealth DFM
The DAX seems to have reached a ceiling at 24,000 points. The ongoing discussions between China and the U.S. are failing to provide any new momentum, as prices have risen too high in recent weeks. Merely avoiding a new escalation is not enough to drive further increases. The announcement of a vague framework for a trade agreement overnight has proven too lacking in detail for investor enthusiasm. Now, negotiations are proceeding in a more typi…
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