Stabilizing the stock exchanges in the United States the evening before and then also in Asia also gave the German stock market a positive trend on Tuesday.
The DAX had started 0.81 percent higher at 22,343.41 points. In the further course, he also expanded the profits even further, so that he even climbed over the 22,500 point mark. In the evening he closed with a strong plus of 1.70 percent at 22,539.98 points.
DAX chart technology: no all-clear?
If it is based on the chart technician Martin Utschneider from Finanz ethos, stabilizing the stock indices does not yet bring any all -clear. The DAX has confirmed its latest weakness signals. After breaking the short -term trend, the medium -term upward trend is now on the test bench. As an important brand, Utschneider sees support in 21,972 points that had just kept the previous day.
On March 18, the stock market barometer had reached a new high with a view to the Bundestag vote on the financial package at 23,476.01 points. The leading index had ended March 6th at 23,419.48 units – with a new all -time high at the final course basis.
Trump’s customs package remains linchpin
The focus on the market is a large customs package that US President Donald Trump wants to announce on Wednesday. This could further tighten the international trade conflicts. Börsians said that a lot of negative things have now been priced in the courses. Some bargain hunters who had missed the strong price development in the first quarter were now increasing.
Who meet Trump’s tariffs?
The “Dirty 15” countries should hit, as finance minister Scott Bessent said. This is 15 percent of the countries that make up the majority of the commercial volume with the United States. “The markets are shaky” in the run-up to the announcement, said Tapas Strickland, chief economist of NAB: it seems that the tariffs are taken even broader than just on the “Dirty 15”.
Redaktion finanzen.net / dpa-fx / Dow Jones Newswires