FRANKFURT / LONDON (IT BOLTWISE) – DAX futures are showing a slight upward movement on Thursday morning, although traders continue to expect a sideways market. The December DAX futures contract rose 73 points to 23,871, with an intraday high of 23,886 points. Despite the increase, trading volume remains relatively low at 905 contracts, indicating a lack of major momentum.
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On Thursday morning, DAX futures recorded a slight upward movement, although traders continue to expect a sideways market. The December DAX futures contract rose 73 points to 23,871, with the daily high at 23,886 points. This development shows that despite the slight price gains, no significant impulses are influencing the market.
Trading volume remains relatively low at 905 contracts, suggesting that market participants are waiting for major moves or news. In the current market situation, investors appear to be acting cautiously as there are no significant economic or political events that could have a lasting impact on the market.
The DAX futures market is known for its volatility, but a pattern of sideways trading has emerged in recent weeks. This could indicate a period of consolidation where investors are reconsidering their positions and waiting for new information to adjust their trading strategies.
Analysts are closely monitoring the situation and note that the current calm could be on the verge of a possible storm. As soon as new economic data or political decisions are released, this could lead to increased volatility. Until then, however, the market remains in a wait-and-see attitude, which is reflected in the low trading volumes.
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