After the turnaround from the previous day, the recovery momentum in the Dax will continue on Friday. At the start of trading, the leading German index gained 1.8 percent to 12,577 points.

After initially disappointing US inflation figures, the Dax had struggled to defend the round mark of 12,000 points on Thursday afternoon and was clearly in the red. After a weak US trading start, a recovery rally began on Wall Street, which the Dax is now joining.

The MDax of medium-sized German companies climbed on Friday morning by 2.4 percent to 22,765 points and the Eurozone leading index EuroStoxx 50 by 1.8 percent.