DAX Index has finally managed to get above 12000 as investors continue to push the index higher. After it gained 6.7% in May, DAX has continued to trade in the same direction in the first week of June on the expected €1.85 trillion recovery package unveiled by the EU last week. Fundamental analysis: New massive stimulus for economies The European Union’s Commission presented a €1.85 trillion recovery package last week, which seeks to boost the eurozone economy after the Covid-19 crisis, as reported in the official European Commission document. “This is Europe’s moment. We either all go it alone…or we
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