The DAX Index Hit 10-Week Maximum
12/18/2017 12:30 PM UTC
DAX has strongly reinforced, rising 1.66% to the 10-week maximum. Now, the index is trading at 13,320.50. Eurozone Final Consumer Price Index rose to 1.5%. Tomorrow, Germany will publish Ifo Business Climate and the US will announce Building Permits. The Republicans finished working on the tax plan. The bill is likely to be approved in the Senate this week, and next week President Trump is supposed to sign it. As expected, European Central Bank stood pat, maintaining its rate at 0.00%. Mario Draghi expressed an optimistic assessment of the economy. Growth and inflation projections were improved.