Germany’s DAX Index Stays Firm

Forex News

The DAX continues its growth, as the index published winning sessions for six consecutive days and is currently at the highest level since June 20. The DAX is closed today, as Germany celebrates Unity Day. The DAX started the week with profit and closed the session on Monday at the level of 12.902.65, an increase of 0.58%.

Eurostat data showed that Eurozone producers' prices rose as much as three months in August. Producer prices rose by 2.5% year-on-year in August, which is higher than the growth of 2% in July. The annual rate exceeded the expected 2.3% and was the fastest since June 2017. Over the month, producer prices rose 0.3% after they remained unchanged in July. It was assumed that prices will rise by 0.1%