{"id":111135,"date":"2025-09-03T09:05:07","date_gmt":"2025-09-03T09:05:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/111135\/"},"modified":"2025-09-03T09:05:07","modified_gmt":"2025-09-03T09:05:07","slug":"dax-40-probes-support-while-copper-price-hits-1-month-high-and-aud-usd-slips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/111135\/","title":{"rendered":"\u200b\u200b\u200bDAX 40 probes support while copper price hits 1-month high and AUD\/USD slips"},"content":{"rendered":"<p>\u200bOn Tuesday, global bond markets experienced sharp selling pressure as fiscal concerns intensified, with UK gilts particularly affected amid speculation that the Chancellor may introduce new taxation measures in the upcoming Autumn budget.<\/p>\n<p>\u200bUS equity markets reopened after Labor Day with declines across all major indices &#8211; the\u00a0<a href=\"https:\/\/www.ig.com\/uk\/indices\/markets-indices\/wall-street\" class=\"insight-link\" rel=\"nofollow noopener\" target=\"_blank\">Dow Jones<\/a> fell 0.6%,\u00a0<a href=\"https:\/\/www.ig.com\/uk\/indices\/markets-indices\/us-spx-500\" class=\"insight-link\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P 500<\/a> dropped 0.7%, and\u00a0<a href=\"https:\/\/www.ig.com\/uk\/indices\/markets-indices\/us-tech-100\" class=\"insight-link\" rel=\"nofollow noopener\" target=\"_blank\">Nasdaq 100<\/a> declined 0.8% &#8211; reinforcing September&#8217;s reputation as historically the weakest month for American <a href=\"https:\/\/www.ig.com\/uk\/shares\/what-are-shares\" rel=\"nofollow noopener\" target=\"_blank\">stocks<\/a>.<\/p>\n<p>\u200bDAX 40 tries to hold at support<\/p>\n<p>\u200bThe\u00a0<a href=\"https:\/\/www.ig.com\/uk\/indices\/markets-indices\/germany-40\" class=\"insight-link\" rel=\"nofollow noopener\" target=\"_blank\">DAX 40&#8217;s<\/a> sharp fall on Tuesday has taken it to 23,483, close to the August low at 23,381. While this support area holds, a bounce towards the early July low at 23,621 may ensue. Further potential resistance sits at the 4 July low at 23,703.<\/p>\n<p>\u200bFailure at 23,621 would be medium-term bearish and likely push the June low at 23,052 to the fore.\u00a0<\/p>\n<p>Dax 40 daily candlestick chart<\/p>\n","protected":false},"excerpt":{"rendered":"\u200bOn Tuesday, global bond markets experienced sharp selling pressure as fiscal concerns intensified, with UK gilts particularly affected&hellip;\n","protected":false},"author":2,"featured_media":37953,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[84,467,56,54,55],"class_list":["post-111135","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/111135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=111135"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/111135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/37953"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=111135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=111135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=111135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}