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Primary economy: Germany economic indicators

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range ± 1.3–3.0% · 7–28-day calibrated zone
Last Updated: 6/23/26
recent path character per horizon · descriptive, not a forecast
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: Construction Output YoY (r=+0.91), Consumer Confidence (r=+0.89), Thomson Reuters IPSOS PCSI (r=+0.87), Current Account (r=+0.86), Producer Price Index MoM (r=+0.86), Balance of Trade (r=+0.81), Gross Wage YoY (r=+0.80)
Inversely correlated: Industrial Production YoY (r=-0.91)
As of June 23, 2026, ^GDAXI is trading at 24895.50. Our multi-model Sigmanomics forecast for this index generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
medium-term trend: up · 1D · ER 0.06 · trailing 7d
Forecasts generated by Sigmanomics engine. Not financial advice.
The DAX (^GDAXI) is a market index covered by the Sigmanomics analytics platform. The ^GDAXI index closed at 24,941.00 on June 23, 2026, reflecting a decline of 0.85% from the previous close of 25,154.00.
Over the past 30 days, the index has experienced a modest uptrend with a rally of 3.49%, ranging between 23,797.33 and 25,438.41. The price currently trades above its 20-day moving average of 24,852.00. The 14-day RSI stands at 54.5, in neutral territory, indicating balanced momentum.
Over the same 30-day window, daily-return volatility was 0.91%, reflecting subdued price variability for this index.
Daily-return volatility of 0.91% runs elevated for this index, so price ranges are likely to stay wide — watch how price behaves around its recent range rather than treating any single level as fixed. ^GDAXI is currently trading 0.36% above its 20-day moving average. Its 14-day RSI reads 54.5, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Jun 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.