Germany's Merkel: COVID-19 pandemic making itself felt in all member states again
|The COVID-19 pandemic is making itself felt in all the member states again, Germany Chancellor Angela Merkel said on Friday.
"Nobody at the summit disagreed that contact tracing is the key method for fighting the pandemic," Merkel added. "The economic recovery from the pandemic will go better if we keep infections under control."
Merkel also announced that they will not be able to have the informal summit that we had planned for November.
Market reaction
These comments don't seem to be having a significant impact on market sentiment. As of writing, Germany's DAX 30 Index was up 0.97% on the day at 12,826.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.