In the continued difficult environment, the Dax initially stabilized on Monday morning. Shortly after starting on Xetra, the leading German index rose by 0.50 percent to 14,761.05 points. A week ago it fell to 14,630 points, its lowest level since March.
In the continued difficult environment, the Dax initially stabilized on Monday morning. Shortly after starting on Xetra, the leading German index rose by 0.50 percent to 14,761.05 points. A week ago it fell to 14,630 points, its lowest level since March.
The MDax of medium-sized companies advanced by 0.94 percent to 23,906.03 points on Monday morning. The Eurozone leading index EuroStoxx 50 rose by 0.5 percent.
High interest rates and geopolitics with the Gaza war at the center continue to pose the greatest threats to the stock markets. Safe havens such as gold, which currently costs around $2,000 per ounce, are in demand.
It’s an eventful week ahead with many quarterly reports, central bank decisions and the US labor market report. On Monday afternoon, the publication of inflation figures from Germany for October is attracting attention. As data showed this morning, the inflation rate in North Rhine-Westphalia continued to fall significantly in October.
Source: Stern