On Thursday it is again the important mark of 25,000 points that the leading German index is targeting.
The DAX went into the trading day 0.82 percent higher at 25,060.80 points and thus above the 25,000 point hurdle. After that, it only continues to push upwards, at times even exceeding the 25,100 mark.
The last DAX record
On January 13th, the DAX reached an all-time high of 25,507.79 points, exceeding the 25,500 point threshold for the first time in its history. Ultimately, it ended the day at 25,420.66 points, which was a new record based on the closing price.
German heavyweights are stirring things up with numbers
New impulses are coming from the reporting season, which has a lot to offer in Germany on Thursday. The figures from Siemens, Mercedes-Benz, the Deutsche Börse and thyssenkrupp, among others, will be evaluated in the morning.
US inflation figures in focus on Friday – impulses for the Fed?
Investors are also eagerly awaiting inflation figures, which will be on the agenda in the USA on Friday. These are the next important aspect in order to be able to assess the Fed’s further monetary policy leeway. A surprisingly good US jobs report had caused headwinds the day before. According to the Landesbank Helaba, it was “a double-edged sword” because with the economic worries, hopes of lowering interest rates are also dwindling.
Editorial team finanzen.net / Dow Jones / dpa-AFX
Image sources: Aleksandra Gigowska / Shutterstock.com, Pavel Ignatov / Shutterstock.com