The last trading session on the Old Continent this week brings better investor sentiment. At 1:30 p.m. BST, investors will learn the retail sales data reading, and at 3 p.m. BST the UoM sentiment.
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Open real account TRY DEMO Download mobile app Download mobile appThe swap market is currently pricing in a near 83% chance of a 75bp rate hike at the ECB's October meeting. Source: Bloomberg
DE30 index chart, D1 interval. The benchmark German blue chips are trading higher today and struggling to break above resistance at 12,500 points. Source: xStation 5
Friday's German market session brings higher valuations for most economic sectors. Source: Bloomberg
News:
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Deutsche Bank (DBK.DE) is gaining today, supported by better results from major banks in the US. The bank's shares are currently gaining more than 2.61%.
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Bayer (BAYN.DE) shares are under supply pressure today. Bayer is challenging a U.S. court ruling on claims of damage caused by PCBs, a substance produced by Monsanto. The claims amount to $275 million.
Banks' recommendations:
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FlatexDEGIRO (FTK.DE) shares downgraded to "hold" by Deutsche Bank. Target price at 11 euros.
Changes in institutions' holdings in individual companies of the DAX index (data from the last session). Source: Bloomberg
The largest percentage changes in the companies included in the DAX index. Source: Bloomberg
The most active stocks of the DAX index (DE30). Source: Bloomberg
