DAX Starts Trading with a Clear Plus

By 27/04/2018News

27/04/2018 – 11:00 am: Given the fact of positive data from overseas, the leading German index begins the trading day with a brilliant plus. At 12,600 points, the Dax is currently up around 0.8 percent.

At the end of a week in which, in addition to various balance sheet figures, investors focused on the meeting of Macron and Trump as well as North Korean President Kim Jong Un and South Korean President Moon Jae-in, the overall situation eased.
The very solid start to the German stock market was due in particular to the positive figures from USA and Asia. The Dow Jones Index closed yesterday’s trading session with an increase of around one percent and the NASDAQ even gained 1.6 percent. At the technology exchange, the balance sheet results of Facebook and AMD were particularly positive for investors and analysts.

In the Asian markets, the results of the US session were also positively received, with the Japanese Nikkei gaining 0.7 percent and ending the trading session at 22,467 points.

In addition to data on economic growth in the UK, Spain, France and the US, investors are likely to watch with suspicion today’s meeting between Angela Merkel and Donald Trump. In addition to the American protective tolls, the current situation around Russia and Iran’s nuclear programme are likely to be on the agenda of the two heads of state.

The common European currency is currently trading slightly down at USD 1.2083.

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