FRANKFURT (dpa-AFX) – In the recovered Dax a test of the 21-day line is emerging on Thursday at 15,322 points. The broker IG estimated the German leading index around two hours before the start of trading 0.4 percent higher to 15,306 points and thus just above the previous day’s high.
Positive impulses from Wall Street also carried over to Asian trade in the morning. After a temporary setback, the S&P 500 was still in the plus, the Dow Jones Industrial at least completely made up for the losses.
The minutes of the latest US Federal Reserve meeting, which was published the previous evening, indicated a slow pace for the expected reduction in bond purchases, according to the experts at Credit Suisse. That was well received on the market. The US Federal Reserve is currently buying $ 120 billion in government and mortgage bonds a month to prop up the economy in the pandemic, and could now cut the volume back from mid-November. / Ag / men
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.