European stocks traded cautiously on Friday with Frankfurt's DAX 30 edging 0.3% lower from yesterday's 10-month high to 13,661, as investors still wait for a post-Brexit trade deal. On Thursday, European Commission President Ursula von der Leyen said that "big differences remain", in particular on fisheries, and "bridging them will be very challenging" and on Friday, European Union Brexit negotiator Michel Barnier said that there was a chance of getting an agreement but the path to such an agreement was very narrow. Meanwhile, investors continued to worry about record increases in coronavirus cases and the prospect of further lockdown measures.
Historically, the Germany DAX 30 Stock Market Index reached an all time high of 13797.12 in February of 2020. Germany DAX 30 Stock Market Index - data, forecasts, historical chart - was last updated on December of 2020.
The Germany DAX 30 Stock Market Index is expected to trade at 13347.44 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 12431.73 in 12 months time.