Frankfurt, Dusseldorf The leading German index stayed above the 16,000 point mark on Monday. However, the Dax lost 0.4 percent to 16,081 points. On off-exchange platforms, the Dax is up pre-market.
Unexpected declines in the purchasing manager indices for Germany and the euro zone had unsettled investors. The purchasing managers’ index for US manufacturing also fell.
Will the Dax be able to stay above this mark or even increase further? Analyst Stanzl predicts: “The next two trading weeks are seasonally among the strongest of the year. However, a weaker stock market phase then begins, which can last until the beginning of October.”
On Tuesday there are comparatively few appointments on the program. Hardly any signals are likely to come from the USA: Here the markets will remain closed due to Independence Day.
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