Germany factory Orders’ monthly change fall to the negative zone for the first time since April 2020. Tight restrictions straining the biggest economy of Europe but a fast recovery is expected as vaccinations increase.
While the economy is feeling the effects of Covid-19 restrictions, DAX is testing record-levels which is expanded in January. If the price is able to break 14123 a new bullish surge may happen in early February. But open interest and volume are continuing its decrease as the price moving forward. Despite a short-term surge odds are strong, DAX may weaken in the medium-term if inflation increases faster than expected.
