Frankfurt (dpa -AfX) – Winning interest reduction expectations braked the Dax record rally on Thursday afternoon. The German leading index was after the eighth Interest rate initially increased to 24,479 points since June 2024. But then ECB President dampened Christine Lagarde Something the euphoria by signaling an end of the reduction cycle.
According to Lagarde’s statement, the Dax dipped into the minus, but the first excitement lay down again. In the end, the German leading index settled with 24,323.58 points with an increase of 0.19 percent. In the second row of stock exchanges, the MDAX has increased by 0.34 percent to 31,135.59 points at its highest level for three years. The SDAX also noticed by once again skipping the 17,000 points mark since 2021.
From now on, DZ Bank no longer expects interest cuts in “automatic mode” – this makes the interest fantasy of investors a little smaller. According to Roelof Salomon from the Blackrock Investment Institute, the ECB wants to keep its options open for the time being in the face of the trade talks with the USA. US President Donald Trump telephone on Thursday with his Chinese counterpart Xi Jinping. After the European trade closes, his meeting with Federal Chancellor Friedrich Merz (CDU) focused on