On Tuesday, investors in the German stock market already positioned themselves for the US interest rate decision expected on Wednesday. In view of the problems in parts of the US banking sector, they are opting for a less tight monetary policy. At the same time, fears of major upheavals in the banking industry, which had briefly pushed the Dax to a low since early January on Monday, continued to decrease.
On Tuesday, investors in the German stock market already positioned themselves for the US interest rate decision expected on Wednesday. In view of the problems in parts of the US banking sector, they are opting for a less tight monetary policy. At the same time, fears of major upheavals in the banking industry, which had briefly pushed the Dax to a low since early January on Monday, continued to decrease.
Around Tuesday noon, the leading index expanded its plus with 15,192.72 points to 1.74 percent. The MDax gained 1.87 percent to 27,089.21 points. The euro zone leading index EuroStoxx 50 went up by 1.8 percent.
Source: Stern
