Before the eagerly awaited decisions by the European Central Bank (ECB), the Dax initially recovered further on Thursday. In early trading, the leading German index was 0.76 percent up at 15,540.13 points.
Before the eagerly awaited decisions by the European Central Bank (ECB), the Dax initially recovered further on Thursday. In early trading, the leading German index was 0.76 percent up at 15,540.13 points.
Due to new corona worries, the Dax temporarily buckled to 15,048 points on Monday, but is now heading back to its broken 50-day line at currently 15,545 points. It is considered a yardstick for the medium-term trend.
The MDax rose on Thursday by 0.43 percent to 34,653.30 meters. The leading Eurozone index EuroStoxx 50 gained 0.7 percent.
In the afternoon, the ECB will announce the results of its eagerly anticipated interest rate meeting. The main question is how the changes to the monetary policy strategy from the beginning of the month will affect the central bank’s specific policy. According to media reports, there is a dispute in the Central Bank Council over how this could be done. “It will be an important meeting,” said ECB President Christine Lagarde recently.
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
