DAX Index has retreated 0.3% lower this morning, following the footsteps of FTSE 100, ahead of another British Parliament vote later today. The index is now testing the first horizontal support following the creation of a fresh 4-month high of 12986 yesterday.
In the meantime, Jens Weidmann, the President of the Deutsche Bundesbank, is delivering a keynote speech at the 2nd Financial Market Conference of the Deutsche Bundesbank. The topic of his speech is climate change and the role of central banks.
Among other things, Weidmann said that “bond purchases should be limited to exceptional situations in Eurosystem monetary policy and should by no means become a permanent instrument”.