The DAX Index Keeps Falling
11/10/2017 11:23 AM UTC
DAX has reduced 0.17% to trade at 13,161.25. As we know, next year European Central Bank will cut the asset purchase program from 60B to 30B euros. The program has been prolonged till September 2018. Some members, particularly Phili Lane (head of the Irish central bank) complain that the lowering should be executed in a faster pace. And some even suggest that the program should be ended. Angela Merkel keeps looking for some parties to create a coalition with. Currently, the candidates, which are Greens and Liberal Free Democratic Party, present their key demands. The first one wants to exclude fossil fuels and the second demands cutting taxes by 30-40B euros.