German DAX continues recovery supported by ECB
ECB members' comments yesterday seem to have a lasting impact on the market. They have said that the ECB will not tolerate rising yields. Importantly, rising yields in Europe are being driven by rising yields in the United States, not necessarily inflation expectations for the euro area. ECB members said that additional easing may be provided if needed and that yield curve control is one of the options as well. DE30 benefits from improved moods and has briefly traded at an all-time high above 14,180 pts.
Source: xStation5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
