The DAX books after a weak start to the week and is thus inspired by the strong guidelines of the US exchanges.
At the start of trade, the DAX showed 0.33 percent higher at 23,604.36 points. Then he is in plus.
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 points.
Good guidelines from the US exchanges
In the United States, the Dow Jones Industrial and the S&P 500 market width continue to incorporate its previous deficit to the DAX in 2025. The indices of the NASDAQ tech exchange have now opened up with 18 percent. The DAX has been waiting for a new high since mid -July. Meanwhile, the US indices started their record hunting at around the same time.
“The strong euro harms the export-oriented economy,” says QC Partners, giving one of the reasons why the DAX has lost connection to the US exchanges in the past few months. A more gold provides joy, which costs more than 3,200 euros for the first time in euros.
Ki rally is driving the market
A Ki rally is currently running for the US tech values, most recently fueled by the announcement of the three-digit billion dollar investments by Nvidia. The experts at Commerzbank also pointed out the aggressive interest rate reduction course, for which the economist Stephen Miran had spoken out in its first speech since he was promoted to the leadership team of the US Federal Reserve.
Send PMIs careful hope of hope
For Elmar Völker, analyst at LBBW Research, the shopping manager index (PMI) has sent an ambivalent signal for German economy. The PMI for the processing industry fell from 49.8 to 48.5 points in August. The PMI, on the other hand, attracted significantly from 49.3 to 52.5 points for the service sector. On the one hand, the mood upturn in industry has ended for the time being. On the other hand, the companies in the service sector have new courage, because the associated index jumped to the highest level since January 2025. In total, this is a cautious sign of hope that the German economy could find out from the stagnation trap at the end of the year.
However, the most important date of the week is only pending on Friday when the core index of personal US consumption expenditure is published for August. Compared to the less comprehensive consumer price index, this is the favorite inflation measure of the FED.
Redaktion finanzen.net / dpa-fx / Dow Jones Newswires