In one of our last articles, we looked at the German Constitutional Court's ruling that some ECB actions, in regards to Asset purchases regarding the QE, are unconstitutional and thus not valid in Germany, since the ECB decisions are not backed by the EU treaty.
As a res
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Source: Economic Events Calendar May 25 – 29, 2020 - Admiral Markets' Forex Calendar
The German DAX30 started the last week of trading with massive gains. While we pointed out in our last weekly market outlook that:
[…]we are still careful in terms of DAX30 CFD
...During the coronavirus pandemic, many investors were scrambling to readjust their portfolios. While a few billionaire investing legends like Warren Buffett dumped stakes in some of America's top companies, a few decided to pick up some bargains. One notable player wa
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The Coronavirus and resulting lockdown of the economy has spared no countries, including Australia and New Zealand, even though both countries haven't imposed as strict measures as countries in the eurozone or the US.
The Australian economy saw a jump in its unemployment
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Source: Economic Events Calendar May 19 – 22, 2020 - Admiral Markets' Forex Calendar
The technical picture in the DAX remains unclear: the German index failed to recapture 11,000 points, but didn't take on significant bearish momentum either, keeping the Germa
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