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15.04.2020 DAX 30 Daily Analysis

The Dax 30 currently has a value €10,477.94 having lost 218.62(2.04%) points and this downward trend might continue if the International

15.04.2020 DAX 30 Daily Analysis
Yazar: Zack Smith

Yayınlanma: 16 Nisan 2020 11:15

Güncellenme: 23 Kasım 2024 01:07

15.04.2020 DAX 30 Daily Analysis

The Dax 30 currently has a value €10,477.94 having lost 218.62(2.04%) points and this downward trend might continue if the International Monetary Fund's(IMF)  World Economic Outlook (WEO) and Global Financial Stability Report(GFSR) reports inspiring a selloff in the already-battered index. The Index so far is 20% down from it's February high of  €13,795.24. So far the Eurozone's Finance Ministers have reached an agreement on a   540 billion euros stimulus. However, the agreement does not mention the issuance of joint European debt -- so-called corona bonds -- something heavily indebted Italy, Spain, and France demanded but which wealthier countries led by Germany, the Netherlands, Finland, and Austria strongly opposed
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