DAX trades cautiously higher ahead of Fed decision later today. Investors are also keeping an eye on ECB decision and the critical elections in the UK tomorrow. Trade negotiations between China and U.S. continiues as we approach the December 15th deadline of imposing new tariffs to Chinese products from USA.
Yesterday the Germany ZEW Survey for Economic Sentiment surprise positively as it came at 10.7 beating expectations of 0 in December, which is the highest level in 21 months. The ZEW Current Situation registered at -19.9, also topping forecasts of -22.3. Germany Exports earlier this week also surprised positive as the figure came in at 1.2%, beating expectations of -0.3% in October.