The Dax gave way on Thursday. A barely changed start of trading was followed by moderate losses up to midday. The leading German index fell by 0.54 percent to 15,548.06 points. The MDax lost 1.86 percent to 28,276.35 points. The Eurozone leading index EuroStoxx 50 fell by 0.61 percent.
The Dax gave way on Thursday. A barely changed start of trading was followed by moderate losses up to midday. The leading German index fell by 0.54 percent to 15,548.06 points. The MDax lost 1.86 percent to 28,276.35 points. The Eurozone leading index EuroStoxx 50 fell by 0.61 percent.
In the course of the day, weekly employment data from the USA are in the focus of investors. The labor market plays a major role in the monetary policy of the US Federal Reserve. A low level of unemployment can result in additional inflationary pressure, for example due to rising wages. For a long time now, the Fed has been fighting high inflation with interest rate hikes, which have only fallen slowly recently.
Source: Stern
