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Write a Squawk to Tom Hanks
  • Video / 08 May 2015 at 6:49 GMT

    Lucas: Temporary recovery on the DAX

    Steve Lucas
    Steve Lucas from 3c Analysis is interested in the recent upward recovery on the DAX. German manufacturing data beat analysis' estimates, shifting market sentiment. Furthermore, the presence of various technical indicators show signs of bearish exhumation and could mean a temporary recovery for the DAX.
    watch video
    Tom Hanks Tom Hanks
    Fabulous analysis.
    Lisk Lisk
    do you think there will be a 1% correction on the DAX monday ?
    Steve Lucas Steve Lucas
    it's always possible and i have left an order to buy the dip, but china have cut rates again, so although the economic outlook may be dubious,...
  • 5y
    Mads Koefoed Mads Koefoed
    @Juhani, HILFX: Thanks.
    @LeTaulier_Lmi: Yes, you are right, and it is yet another reason why the housing recovery will likely be very protracted.
    gopro spain gopro spain
    This comment has been redacted
    Tom Hanks Tom Hanks
    Quote "The Spanish housing sector will remain in distress for years to come and the recovery is likely to be very protracted with a large overhang of...
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