Concerns about interest rates are weighing on the Dax – but there is much to be said for a renewed attempt towards 15,000 points

Dax curve

The leading German index is in a downward trend this year.

(Photo: Bloomberg Creative/Getty Images [M])

Dusseldorf The German stock market gives way after a longer Easter break. The psychologically important mark of 14,000 points comes into focus again. In the first hour of trading, the Dax was at 14,021 points, a drop of one percent compared to the close of trading on Thursday. The leading index ended the past trading week up 0.6 percent at 14,164 points.

The situation on the stock market can be described as follows: After a climb of almost 2500 points from the beginning to the end of March with a short-term daily high of 14,925 points, the correction has been underway since the beginning of April. So far, this downward momentum since the beginning of the month has been significantly less pronounced than the upward momentum in March. This suggests that the Dax could soon start again towards 15,000 points.

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