Ahead of important economic data, investors are holding back on investing in the German stock market on Tuesday. On top of that, the major stock market indices in the USA had reached highs again the day before, but were unable to maintain them until the end of trading. Ultimately, some of them slipped into negative territory.
Ahead of important economic data, investors are holding back on investing in the German stock market on Tuesday. On top of that, the major stock market indices in the USA had reached highs again the day before, but were unable to maintain them until the end of trading. Ultimately, some of them slipped into negative territory.
The Dax fell back below the 17,000 point mark that it had overcome at the start of the week. Most recently it lost 0.33 percent to 16,980.50 points. The MDax of medium-sized stocks fell by 0.26 percent to 26,026.94 points. The EuroStoxx 50, the leading index for the Euro region, lost 0.42 percent to 4,726.22 points.
Later in the morning, the German ZEW economic barometer will be published on the economic side. In the afternoon, US consumer prices, which receive even more attention, come into focus. The inflation data from the world’s largest economy, along with the US labor market and other important US economic data, are among the key indicators that the US Federal Reserve Bank uses for its interest rate decisions.
Source: Stern
