DAX burdened Weakening Global Commodity Prices

DAX noted weakening weighed down by the decline in stocks of commodities and mining sectors. DAX opened gap down Thursday and still visible noted weakening. Concerns regarding the increase in Fed interest rates and a weakening Chinese economy also burden the equity markets.

Fear of China's economic growth is slowing, which raised the global economy after the 2008 financial crisis, gives a bad impact for many industries, the commodity sector into the most depressed.

The weakening oil prices and other commodities hit many developing economies export circuitry, circuitry blow of outflows over the prospect of higher US interest rates.

FOMC Meeting Minutes showed agreement overnight Federal Reserve officials that the US economy closer to the point that interest rates should be increased. But they also noted low inflation and a weak global economy pose a major threat to raise interest rates, causing some investors to question the possibility of rate hike in September.

Bearish Trend.

Res: 10673.0 - 10795.5 - 10871.5
Supp: 10550.5 - 10474.5 - 10413.0