On Thursday Germany announced data about factory orders and retail sale in Eurozone. Both data were below expectations and that was a cause of decrease of the index in the beginning of session. Eventually not all German indices ended with losses: DAX +0.39%, SDAX -0.28%, MDAX -0.08%, TECDAX +0,78%. 19 out of 30 companies gained, the most Adidas +8.61%. Company had good quarterly report. More than 2% gained also HeidelbergCement (+2.64%) and Fresenius MC (+2.14%). The biggest decreases: Lufthansa -3.84% and Volkswagen -2.94%.
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DAX is still moving in narrow consolidation between 10,800 and 11,000 pts. Today we will know German industrial production and US labor market data. US data will have influence for FED decision about interest rates in December.
