DAX Inch High Focused on the Federal Reserve Board


German stocks rose slightly on Tuesday, fearing fallout from new stocks. coronavirus Variants have declined and investors have been waiting for a decision from a major central bank meeting.

The Federal Reserve’s two-day monetary policy meeting begins late today, with economists doubling the pace at which central banks reduce their asset purchase programs to $ 30 billion per month to combat high inflation. I’m looking forward to it.

The European Central Bank, Bank of England and Bank of Japan will also announce monetary policy decisions this week.

A relatively quiet day on the economic calendar, market participants are waiting for Eurozone industrial production figures and US producer price inflation data for further directions in October.

Benchmark DAX rose 51 points (0.3%) to 15,672 after a slight drop in the previous session.

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Market analysis

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DAX Inch High Focused on the Federal Reserve Board

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The post DAX Inch High Focused on the Federal Reserve Board appeared first on Eminetra.


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