DAX Index gains despite second wave concerns

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DAX Index is trading over 1.7% higher this week to erase losses from the prior month. In the meantime, Germany is calling for the EU to speed up the stimulus package as the number of new infections on the old continent keeps rising.  Fundamental analysis: Recovery funds needed quicker Olaf Scholz, the Finance Minister of Germany said that an increase in new coronavirus cases in Europe is stressing the need to implement the agreed 750 billion euros of EU recovery funds as fast as possible.  In July, European leaders have agreed on a historic deal about a massive debt-financed stimulus

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