German DAX jumped in afternoon trading on Wednesday and is trading at its highest level in seven weeks, ahead of US Federal Reserve and ECB meetings after weaker-than-expected first-quarter GDP figures for the US raised hopes of more stimulus measures. German index rose on positive news on Gilead coronavirus treatment. The company said that the third phase of Remdesivir testing is showing great results.
Dax (DE30) climbed above important 11 000 pts level. Source: xStation5
Daily Summary - Previous metals rebound, FOMC still see cuts
Minutes FOMC: Further cuts are possible if inflation eases. EURUSD limits decline
US OPEN: Wall Street awaits FOMC minutes
DE40: DAX hits a 2.5-month high 📈 Rheinmetall jumps on renewed Russia–Ukraine tensions