- President Trump signed into law the $2.3 trillion pandemic aid package
- Launch of Europe's cross-border vaccination programme
- DE30 near its ATH
European indices are trading higher today after Britain and the EU signed a long awaited trade deal, even as the EU did not decide on whether to grant Britain access to the bloc's financial market. Investors also welcomed the news that President Trump's signed a $2.3 trillion aid and spending package and as coronavirus vaccination started in the several countries of the bloc.
DE30 – last week index bounced off the major support at 13,000 pts and buyers managed to break above the 13,500 pts level. Today, one can see that the upward move is being continued and the German index is trading near its all-time high at 13,838 pts. Source: xStation5
Lufthansa (LHA.DE) and its pilots have reached an agreement that secures jobs until end-March 2022 and could help reduce costs by as much as 450 million euros ($548 million), pilots' union Vereinigung Cockpit (VC) said on Wednesday.
Lufthansa (LHA.DE) stock launched today’s session with a bullish price gap, and is trading above an important resistance level consisting of 50 SMA (green line) and the downtrend line. If the current sentiment prevails, then upward move could be extended towards resistance at 10.80. Source: xStation5
South Korea's antitrust regulator ordered Delivery Hero SE (DHER.DE) to sell its local unit Delivery Hero Korea before proceeding with its planned acquisition of the country's largest food delivery platform Woowa Brothers Corp .
Deutsche Bank (DBK.DE) remains optimistic about the recovery in the Asian economy post the pandemic, according to the South China Morning Post. The bank believes that its key businesses like investment banking, corporate banking and wealth management will perform well as the region is likely to recover faster compared to the other regions of the world.
