The DAX Index Recovers, FOMC Protocol Next
DAX has increased 0.42% to trade at 12,925.00 after a streak of drops. Overall, in 2017, DAX improved 13.0%. German Unemployment Change fell 29,000 last month. Inflation rose to 0.6%. Leaders of Christian Democratic Union are about to meet to elaborate a strategy in the negotiation with Social Democratic Party, which is scheduled for January 7. Today, the FOMC will publish protocol of December meeting. Investors will pay much attention to this release, trying to find hints about 3 or even 4 rate hikes this year. Currently, January move is priced in 98.5%.