FRANKFURT (dpa-AFX) – At the end of a rather strong week, the German stock market is likely to be quiet for the time being on Friday. The X-Dax recently signaled the Dax 0.1 percent higher at 18,462 points. The Eurozone’s leading index, the EuroStoxx 50, is also expected to rise by around 0.1 percent.
So far this week, the Dax has risen by more than one per cent, which means that the third week of stabilization beckons. It has largely made up for the massive price correction in mid-June, except for around 100 points, and can even slowly look back towards the May record of 18,892 points.
There is a lack of impetus from Wall Street, as there was no trading on July 4 due to Independence Day. However, the US labor market report will be the highlight of the week this Friday. Following the interest rate turnaround in Europe, it will be checked for signals as to whether the US Federal Reserve will soon be able to follow…
