The Dax recorded gains on Tuesday after the price slide of the past two trading days. In the first few minutes after opening on Xetra, the leading German index rose by 0.72 percent to 13,524 points.
The Dax recorded gains on Tuesday after the price slide of the past two trading days. In the first few minutes after opening on Xetra, the leading German index rose by 0.72 percent to 13,524 points.
The interest rate and economic concerns associated with persistently high inflation had cost him almost 1300 points within a week, and now there is at least a small countermovement.
The MDax gained 0.88 percent on Tuesday to 27,987 points. The leading eurozone index, the EuroStoxx, was also up 0.7 percent.
The weal and woe of the stock markets currently depends on the central banks and the tricky task of fighting high inflation without harming the economy. The interest rate decision is on the agenda in the USA on Wednesday: Experts at the investment bank Goldman Sachs expect interest rates to rise by 0.75 percentage points and another of the same amount in July. Market expectations are now also likely to be in this dimension.
