tradewithhedge

Is GER30 following Swiss PMI??

FX:GER30   DAX Index
Hi Traders,

Just found some people talking about this graph. Is the German day ( GER30             ) with Swiss SMI             (PMI). Both markets have been following each other for a long time but in the last few days we have see the Swiss SMI             having a very bearish reaction but the GER30             was not effected. Will he be effected with a delay or it just a problem with the Swiss??

Keep this in mind!!

Good luck,

Thiago Duarte
thiago@duarteinvestmentgtoup.com
@thiagotrader
It shouldn't be too much related cause the crash of the SMI is due to the swiss bank decision to stop his action on the EUR/CHF ratio (was keeping it at 1.2). It's a major problem for companies in swiss, cause they won't be competitive versus euro zone companies, their products/services will cost much than before. But there is no direct link for others countries.
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