Frankfurt (dpa-Afx)-The courses of German government bonds rose somewhat on Wednesday before the interest decision of the US Federal Reserve Fed. In the afternoon, the trend-setting euro bundle future increased by 0.18 percent to 131.15 points. The yield of ten years of federal bonds was 2.50 percent.
The war between Iran and Israel continues to ensure uncertainty. While the USA is speculated about a possible entry into the war, Israel and Iran have continued their mutual attacks.
US President Donald Trump does not want to commit himself to a clear course with a view to Iran. “Nobody knows what I’m going to do,” said the Republican in front of the White House when asked if he was considering a US strike against Iranian nuclear systems. “I could do it. I couldn’t do it,” said Trump – and if so, he won’t announce it in advance. So the uncertainty should remain high.
In general, the investors at the German bond market held back before the US Federal Reserve’s interest rate decision, which is expected in the evening. Most analysts assume that the FED will not touch the key interest rate from the White House despite continuing criticism. The central bank currently sees hardly any need for action with regard to its goals, because the inflation rate is close to its goal of two percent, and the location on the labor market is still robust.
“The accompanying communication will therefore be more exciting than the current decision,” write experts from the Landesbank Hessen-Thuringia. After the recently disappointing unusual US economy data, the Fed should be the door for one Interest rate keep open./Jsl/he