CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage.71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Market Insight

The latest analysis of popular markets from our team of industry experts.

Spread betting and CFD trading are high risk and may not be suitable for everyone. You can lose all your deposits.
German DAX rebound after Eurozone GDP

German stocks have been suffering, in part thanks to a strong euro which dampens demand for German exports. Eurozone GDP rose at 0.6% q/q in Q2 but that might not be enough to convince the ECB to taper QE early and EURUSD slipped back below 1.18. If the euro pulls back further, 12,100 could be a base in the DAX index.

 

This is LCG’s daily Market Snapshot. Our Senior Market Analyst Jasper Lawler offers a concise analysis of one of the day’s key themes or events and how it could affect the charts of an asset within the stock, forex, indices or commodities market.

 

Losses can exceed deposits.

The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please note that 71% of our retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money.