According to the latest all -time high, the German leading index is likely to come back a bit on Friday and go on the market with smaller discounts.
The moderate signals of the ECB in the press conference dampened further interest rate hopes and fetched the DAX from the throne. His weekly growth melt a little further together.
US labor market report in the afternoon
On Friday, the US working market report will be a further highlight in the afternoon. Thomas Altmann, portfolio manager at QC Partners, recalled that the ADP report with the data from the private sector was unexpectedly weak on Wednesday. “For the official report, compared to the past two months, a lower job increase is also expected today,” said Altmann. However, the development of wages is almost as important for the US Federal Reserve. The expected decline in increase would simplify the US Federal Reserve Fed to reduce its key interest rate over the course of the year.
Redaktion finanzen.net / dpa-fx / Dow Jones Newswires