A few hours before the key interest rate decision in the USA, investors on the German stock market became a little more confident. After two days of trading with losses, the DAX rose again. Nevertheless, the range in which the leading index has been moving for weeks remains narrow. “Trading in the DAX continues to proceed calmly,” commented market expert Andreas Lipkow.
A few hours before the key interest rate decision in the USA, investors on the German stock market became a little more confident. After two days of trading with losses, the DAX rose again. Nevertheless, the range in which the leading index has been moving for weeks remains narrow. “Trading in the DAX continues to proceed calmly,” commented market expert Andreas Lipkow.
At lunchtime, the German stock market barometer rose by 0.60 percent to 15,758.90 points. For weeks it has been stuck in the range between around 15,500 and around 16,000 points. According to Jürgen Molnar, capital market strategist at Robomarkets, it is feared that the lethargy will continue even after the results of the US Federal Reserve meeting.
Source: Stern
