Dax currently: Dax is trading higher – Aixtron shares rise by double digits
The final inflation figures for the eurozone due on Friday are fuelling concerns about further ECB interest rate hikes. At the same time, oil prices are easing slightly.
The German stock market index Dax started higher on Friday, up 0.6% at 25,519 points. Investors are awaiting the final inflation data for the Eurozone in September, which is expected to confirm a rate of 3.8%, the highest in three years. The European Central Bank (EZB) has raised interest rates twice this year and is expected to do so again, possibly in December.
Meanwhile, the Italian bank Unicredit has cleared a hurdle in its bid to take over Commerzbank, with the EZB not objecting to Unicredit increasing its stake above 30%. The US Federal Reserve's Kevin Warsh said he would not speculate on future interest rate decisions ahead of the Fed's meeting in October.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- Dax aktuell: Dax notiert im Plus – Aixtron-Aktie steigt handelsblatt.com
