The DAX is stable. After the last summit ended without a clear breakthrough, the market looks forward to the planned further discussions.
The DAX started a little more on Tuesday. At the start, the German guiding index was 0.17 percent higher at 24,357.23 points. In the further course he commutes around the zero line.
All -time high of the DAX
On July 10, the German leading index reached a new record high at 24,639.10 points. So far, the highest closing course in the DAX history is 24,549.56 index points.
DAX Charthurge missed last week
Before the weekend, the DAX failed again at its chart hurdle by 24,500 points after investors initially with great optimism in the meeting between US President Donald Trump and Kremlin chief Vladimir Putin had gone. Ultimately, the summit in Alaska had ended without statements to a possible ceasefire in the Ukraine War.
Trump plans to meet Putin and Selenskyj
After the meeting between US President Donald Trump, the Ukrainian President Wolodymyr Selenskyj and the political leadership from Europe, another summit is already becoming the Ukraine War. Trump wants to organize a two -way meeting between Selenskyj and Kreml boss Vladimir Putin. After that, Trump, Selenskyj and Putin should come together.
The Börsians would still have to wait for the great breakthrough, wrote market expert Thomas Altmann from the asset manager QC Partners. A lot of time and patience are still necessary. The fear of positioning itself incorrectly is currently great. “Nobody wants to miss a possible peace rally. At the same time, everyone is afraid of the failure of the talks.”
US Federal Reserve Fed focuses on
Investors are likely to turn even more to the central banking meeting in Jackson Hole, which starts on Thursday, and the waiting on the markets on Monday should continue. What interests the market players in particular are signals from US Federal Reserve boss Powell with regard to the interest decision up in September, especially since recently the firm expectation of one Interest rate the share prices were worn up.
Redaktion finanzen.net / dpa-fx / Dow Jones Newswires
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