On Monday, the DAX will initially show up with slight taxes. The focus is on the expiring reporting season and economic data.
The DAX went on 0.54 percent more easily to the new stock exchange week at 24,232.02 points and continues to rank in the variable zone.
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.
The DAX continues to find it difficult, wrote analyst Thomas Altmann from the asset manager QC Partners in the morning. “The all -time high from July remains within reach. But there are still too few buyers who could carry the DAX over the difficult last mile.”
After Powell speech
The good mood in the United States thanks to interest rate signals should only be partially received in this country. Because behind the pigeon-like statements by US Federal Reserve chief Powell is a weakening of the US labor market. In contrast, inflation should continue to increase. The better shopping manager indices (PMI) also spoke against interest rate cuts in the United States. However, inflation is likely to increase again in Europe and thus generate additional problem. Because the price data from Great Britain had already shown that the US tariffs attract the input prices of the companies again. In Europe, there are therefore numerous other inflation data from many smaller countries.
Economic data and expiring reporting rooms at a glance
Since the season of the quarterly balance sheets of companies is almost over, economic data is likely to be increasingly in the view of the investors.
The mood in the German economy has improved again despite the higher US tariffs. As the IFO research institute announced on Monday, the IFO business climate index rose 0.4 points to 89.0 points in August. Economists had assumed an increase in the most important German economic barometer, but had expected an average of 88.8 points. While the current situation in the company has been assessed somewhat worse, the evaluation of future business has surprisingly improved.
Redaktion finanzen.net / dpa-fx / Dow Jones Newswires