Watch out below! This is the general feeling on the DAX for today.

The still smouldering tariff dispute between the US and China pushed the mood on the German stock market. The threat of escalation in the trade dispute between the US and China has added to the Dax’s woes today.

There was a slight tailwind for the Dax through a media report, according to which the EU was prepared to abolish tariffs on industrial products, including cars, in a trade pact with the US. But it’s not provided enough of a catalyst to stop the knife from falling, yet

There has also been some profit taking visible and considering that it is a Friday at the end of the month, perhaps this has some influence.

Well, today I was unable to do the webinar at 7am, as planned, as I needed to do some caring. So rather than go into detail in text, here is the video.

31-08-2018 Dax Video