• Mixed economic data from the Eurozone
• Deutsche Boerse (DB1.DE) proposes expanding DAX to 40 companies
European indices started the week on positive note following White House reports of Donald Trump's improving health. His doctors have assured the public that all of his vitals are doing well. He even took a short-distance drive to greet some of his supporters. Meanwhile investors digest set of mixed data from the Eurozone. Today’s PMI survey showed block’s service activity fell less than initially expected in September, with Spain, Italy and France being the worst affected by a second wave of COVID-19 infections. Eurozone's retail trade rose by 4.4 % from a month earlier in August, following a revised 1.8 % drop in July and beating market expectations of a 2.4 % growth. Meanwhile Eurozone’s inflation rate fell deeper into negative territory in September, raising concerns about the region's economic recovery.



Deutsche Boerse (DB1.DE) - stock has been trading in an sideways move recently. Last week sellers failed to break below the lower limit of the consolidation range at € 146.00 and buyers regain control. Should the current sentiment prevail an upward impulse towards upper limit of the range at €152.72 could be launched. Source: xStation5
Lufthansa (LHA.DE) unit Swiss International Air Lines plans to cut roughly 1,000 jobs over the next two years through voluntary measures rather than layoffs, its outgoing Chief Executive Thomas Kluehr announced on Saturday. The Swiss government has granted the airline more than 1 billion euros in loan guarantees to help it cope with the collapse in air travel due to the pandemic. Like many of its peers it decided to shrink its staff and fleet.
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