Before the release of important US inflation data, the German stock market rose on Monday. The leading index Dax closed 0.58 percent higher at 15,397.34 points and recovered somewhat from its recent losses. The MDax of medium-sized stocks gained 0.40 percent to 28,509.10 points at the start of the week.
Before the release of important US inflation data, the German stock market rose on Monday. The leading index Dax closed 0.58 percent higher at 15,397.34 points and recovered somewhat from its recent losses. The MDax of medium-sized stocks gained 0.40 percent to 28,509.10 points at the start of the week.
The focus will be on Tuesday’s US Consumer Price release and Thursday’s Producer Price release. They are likely to confirm the US Federal Reserve’s assessment that a phase of falling inflation rates has begun.
Source: Stern
