With the hope of an easing of monetary policy, investors on the German stock market are still in a buying mood in the middle of the week. The leading index Dax recorded an increase of 0.39 percent to 15,674.79 points in the first minutes of trading on Xetra. Inflation data from the USA had given the DAX an increase of 1.76 percent the day before.
With the hope of an easing of monetary policy, investors on the German stock market are still in a buying mood in the middle of the week. The leading index Dax recorded an increase of 0.39 percent to 15,674.79 points in the first minutes of trading on Xetra. Inflation data from the USA had given the DAX an increase of 1.76 percent the day before.
The MDax of medium-sized companies gained 0.77 percent to 26,446.21 points on Wednesday. The Eurozone index EuroStoxx 50 rose by 0.6 percent.
With inflation pressure easing in the US, investors are assuming that interest rates have peaked. Market participants will be paying attention to US retail sales for October in the afternoon. If consumption weakens, this should further support hopes of falling interest rates.
Source: Stern
