Stock exchange in Frankfurt: Dax weaker – interest rates remain the main topic

Stock exchange in Frankfurt: Dax weaker – interest rates remain the main topic

After a stable start to the week, the Dax fell again on Tuesday. The leading index is looking for a direction. Shortly after opening on Xetra, it lost 0.68 percent to 15,826 points.

After a stable start to the week, the Dax fell again on Tuesday. The leading index is looking for a direction. Shortly after opening on Xetra, it lost 0.68 percent to 15,826 points.

The MDax of medium-sized stocks lost 0.37 percent to 34,460 points. The leading eurozone index, the EuroStoxx 50, fell by 0.7 percent. In the late morning, the ZEW economic expectations are on the agenda in Germany. In the afternoon, all eyes will be on the banking sector, as Goldman Sachs publishes quarterly figures in the USA.

Market activity continues to be dominated by concerns about faster rate hikes to combat high inflation, especially in the US. The yield on US Treasury bonds with a term of ten years recently climbed over 1.8 percent. The ten-year federal yield is scratching the zero line and has risen to its highest level since May 2019.

Source From: Stern

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