FRANKFURT (dpa-AFX) – Despite the interest rate decision for the eurozone, new inflation figures, the meeting between Donald Trump and Xi Jinping, and a large number of corporate figures, the leading German indices once again failed to gain momentum on Thursday. The DAX moved relatively little during trading and closed 0.02 percent lower at 24,118.89 points. The MDAX for medium-sized stocks ultimately fell by 0.19 percent to 29,884.31 points.
Inflation in Germany slowed down again slightly. Consumer prices in October were 2.3 percent above the level of the same month last year, following 2.4 percent inflation in September. However, economists had predicted 2.2 percent for October. A decline in the inflation rate to below 2 percent is still not foreseeable by the end of the year, commented Michael Heise, chief economist at asset manager HQ Trust.
The European Central Bank (ECB) kept key interest rates stable again, as…
