DE30 soars despite weak Ifo report

The German stock market index remains in a strong bullish mode as it is the best performing equity market in Europe on Wednesday. DE30 adds 0.7% and trades at 12350 points – the highest level since September 2018 as Wirecard (WDI.DE) gains 9.4% following the news on the major investment from Softbank. These gains come despite another warning from the German economy. The Ifo index missed forecasts and its manufacturing component slipped to the lowest point since December 2012.  

Daily summary: Global equities under pressure amid surging bond yields
Twitter stock jumped 12% as it unveils plan to double revenue by 2023
BREAKING: US jobless claims fall more than forecast. Durable goods well above expectations
Chart of the day - NZDUSD (25.02.2021)
Economic calendar: US data dominates calendar
When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses.