The DAX Index Strengthened
The DAX index rose 0.27% to 3,027. German Final Consumer Price Index fell from 0.4% to 0.0%. Eurozone Final Consumer Price Index reduced from 1.3% to 1.2%. Core Final CPI declined to 0.7% from 1.0%. The data prompted speculations about ending the ECB asset purchase program. Today, Mario Draghi is expected to address the policy issues. Francois Villeroy de Galhau (Bank of France Governor) claimed the European Central Bank could give some more details on its rate path soon. At first, euro responded with a gain, but then the momentum slowed.