{"id":143017,"date":"2025-09-17T09:12:09","date_gmt":"2025-09-17T09:12:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/143017\/"},"modified":"2025-09-17T09:12:09","modified_gmt":"2025-09-17T09:12:09","slug":"dax-40-drops-to-4-month-low-ahead-of-todays-fomc-meeting-as-aud-usd-hits-11-month-high-and-copper-price-rises","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/143017\/","title":{"rendered":"\u200bDAX 40 drops to 4-month low ahead of today\u2019s FOMC meeting as AUD\/USD hits 11-month high and copper price rises."},"content":{"rendered":"<p>\u200b\u200b\u200bOvernight summary<\/p>\n<p>\u200bGlobal <a href=\"https:\/\/www.ig.com\/uk\/investing-need-to-knows\/what-is-the-stock-market\" rel=\"nofollow noopener\" target=\"_blank\">markets<\/a> traded cautiously ahead of the Federal Reserve&#8217;s (Fed) expected rate cut, with Wall Street dipping slightly, Europe posting its steepest drop in nearly a month, Asia holding steady, volatility rising, and UK inflation slowing.<\/p>\n<p>\u200bDAX 40 slips to near 4-month low<\/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> fall through its August low at 23,381 doesn&#8217;t bode well for the bulls with the June low at 23,052 representing a possible downside target.<\/p>\n<p>\u200bThis scenario will remain in play while no bullish reversal takes the German blue chip index above Monday&#8217;s high at 23,855.<\/p>\n<p>\u200bImmediate resistance sits at the early August low at 23,381 and more resistance around the 2 September low at 23,483.<\/p>\n<p>DAX 40 daily candlestick chart<\/p>\n","protected":false},"excerpt":{"rendered":"\u200b\u200b\u200bOvernight summary \u200bGlobal markets traded cautiously ahead of the Federal Reserve&#8217;s (Fed) expected rate cut, with Wall Street&hellip;\n","protected":false},"author":2,"featured_media":143018,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[84,467,56,54,55],"class_list":["post-143017","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\/143017","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=143017"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/143017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/143018"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=143017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=143017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=143017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}