Frankfurt After a positive opening, the German share index Dax was up almost half a percent for a while, but then gave back a little. The MDax for medium-sized stocks rose somewhat more. The relaxation on the oil market contributed to the recovery, the price for a barrel of North Sea Brent fell to its lowest level for a good two weeks. However, the focus of investors remains on the war in Ukraine. The US stock market also started slightly higher.
The US labor market data were important on Friday because they allow conclusions to be drawn about the monetary policy of the US Federal Reserve (Fed). Compared to the same month last year, hourly wages in March were 5.6 percent higher, the strongest increase since the outbreak of the corona pandemic, but growth below the US inflation rate of 7.9 percent.
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