Record Growth of DAX Index Continues

Forex News

Germany's DAX stock index set another record high today and rose by 0.3%. The DAX index is trading at 13.481.00 level. A strong German economy contributed to the growth of German stock markets, and the DAX grew by 9.6% since the beginning of September.

The economy of Germany, which is the largest in the Eurozone, continues to function successfully in 2017. The German PMI Manufacturing remained stable at 60.6, which is the highest level since April 2011.

Data on the US employment will be at the center of attention of the markets today. The US employment indicators can affect the global stock markets. It is expected, that the number of jobs in the non-agricultural sector of the US increased by 311 thousand, while the unemployment rate remained unchanged at 4.2%.