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European equity close: DAX closes May on the lows of the month

European equity close: DAX closes May on the lows of the month
It was a painful day for European stock market bulls on Wednesday as broad-based selling hit, despite a German CPI report that could pave the way for an earlier ECB pause.Stoxx 600 -1.1%German DAX -1.7%UK FTSE 100 -1.0%French CAC -1.7%Italy MIB -2.1%Spain IBEX -1.4%The break and close below the May lows in the DAX is a bad look I also don't like the look of the monthly chart. This article was written by Adam Button at www.forexlive.com... Read More
Posted: May 31 2023, 15:39
Author Name: forexlive
Views: 102590

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