The record run on the US stock exchanges on Friday gave the Dax positive momentum. However, the 17,000 points remained too high a hurdle for the leading index. At the beginning of the week, impulses for stocks are also rare, because the most important stock exchanges in Asia are closed due to public holidays and there are no important economic data forthcoming.
The record run on the US stock exchanges on Friday gave the Dax positive momentum. However, the 17,000 points remained too high a hurdle for the leading index. At the beginning of the week, impulses for stocks are also rare, because the most important stock exchanges in Asia are closed due to public holidays and there are no important economic data forthcoming.
The Dax gained 0.29 percent to 16,974.26 points in early trading. The MDax of medium-sized stocks rose by 0.92 percent to 25,965.36 points.
It won’t be exciting again until tomorrow, because then an important German leading indicator, the ZEW economic expectations, will be published. Consumer prices are also published in the USA and are widely followed around the world. The inflation data from the world’s largest economy is one of the key indicators that the US Federal Reserve Bank uses as a basis for its interest rate decisions. The market is now expecting a first interest rate cut in May.
Source: Stern
