DE 40 forecast: the index continues to rise, with conditions for a new all-time high in place
The DE 40 stock index has formed a strong uptrend, which may enter a correction after reaching a new all-time high. The DE 40 forecast for today is positive.
DE 40 forecast: key trading points
Recent data: Germany’s factory orders grew by 1.5% m/m
Market impact: this data creates a mixed background for German equities
Fundamental analysis
Factory orders in Germany increased by 1.5% m/m, far exceeding expectations of 0.3%, although slowing from the previous 2.0%. For the market, this is a signal that the industrial sector remains active: companies continue to receive new orders, meaning future revenue and capacity utilisation. The result is significantly better than forecast, so it is a positive surprise for the stock market, despite a slight slowdown compared to the previous month.
For the DE 40 index, such data is a supportive factor. Strong orders typically push index futures higher and create a favourable backdrop for growth on the day of the release, especially if external news from the US or China does not interfere. Within the index, movement will likely be uneven: the strongest contribution to growth may come from major industrial and export-oriented companies – the core of the German economy.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team