At the end of the trading week, the Dax According to calculations by banks and brokerages, start higher. On Thursday, profit taking had pushed him down 0.4 percent to 12,874.97 points. The main focus of the exchange is on the EU summit to the planned 750 billion euro reconstruction fund.
"The goal is clear," said analyst Konstantin Oldenburger from online broker CMC Markets. "If Germany shows solidarity with the countries worst affected by the corona pandemic, there is a chance of creating a robust new entity that will hold all member states together through a renewed collective purpose."
Since no relevant during the day Economic data are on the schedule, the company balance sheets come to the fore. Among other things, the truck builders open Volvowho have favourited "AEG" mother Electrolux and the world's largest asset manager BlackRock their books. In addition, options on indices and individual stocks expire during the day. At this point, prices typically fluctuate widely because investors want to move the prices of the securities on which they hold derivatives in a direction that is favorable to them.
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