• 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.
DE30 – index bounced off the 12,600 pts level on Friday and launched today’s session with a bullish price gap. Should upbeat moods prevail, resistance at 12,917 pts may come into play. On the other hand, if sellers will manage to halt advances, downward move towards 12,160 pts may accelerate. Source: xStation5
Automakers are among the best performers in the DAX today. Volkswagen, Daimler, and BMW share prices have all gained over 2.65%. Other top-performers are Deutsche Bank, Deutsche Telekom, and BASF. Bayer, the embattled chemicals giant has also gained by more than 1%. On the other hand, Delivery Hero, SAP, and Linde are among the worst performers. DAX members at 10:19 am BST. Source: Bloomberg
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.
Daily summary: Optimism on Wall Street eases again🗽US Dollar drops from recent highs
Venezuela, what would a change in power mean for oil prices?
US Open: US100 loses 1% amid semiconductors & software stocks sell-off📉
Stock of the week - Comcast Corp (06.11.2025)