Short DAX at 7740

Gross domestic product across the euro zone saw a 1.5% quarterly decline in the final three months of 2008, the statistical agency Eurostat reported Thursday, unrevised from a preliminary estimate. The decline was the steepest since records began in 1995. Compared to the final quarter of 2007, GDP shrank 1.3%, revised from an earlier estimate of a 1.2% fall, the statistical agency said.
 
Quote from ASusilovic:

3874.00 might be a good target zone...

Headline of the day :

European Central Banks "Expected" to Cut Rates ...

Trailing stop hit. Seems, this gap down there attracts some sellers...
 
Bank of England to buy up to 75 bln. pounds in assets


Bank of England announces GBP75B asset purchase program

BoE: purchases financed by issuance of central bank reserves

Bank of England cuts key rate to 0.5% from 1%
 
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