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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% 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. Please click here to read our full Risk Warning.

74.91% of retail investor accounts lose money when trading CFDs with this provider.

The DAX stock index has shifted downward
The DAX stock index has shifted downward

The DAX stock index has shifted downward

According to preliminary data from the German Federal Statistical Office (Destatis), Germany's economy contracted by 0.2% in Q4 2022.

According to preliminary data from the German Federal Statistical Office (Destatis), Germany's economy contracted by 0.2% in Q4 2022. The result was lower than forecasts, but Germany's central bank expects a 0.5% drop in GDP in 2023, with an inflation rate of 7.2%. The decline in the Eurozone's biggest economy is putting pressure on the DAX.

DAX

Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.

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