Dax closes above the 16,000 point mark – the end of the eight-week sideways phase is imminent

Frankfurt A directional decision is likely to be made on the German stock market this trading week. Four important interest rate decisions are pending at the meetings of the US Federal Reserve, the European Central Bank and the central banks in Japan and China.

Accordingly, capital market expert Thomas Altmann from the fund house QC Partners believes: “It is quite possible that this week will be the decision on the direction of the stock market in the coming weeks.” we measure … an increasing irritation. This usually subsequently leads to increased market volatility.”

However, there is little sign of increased fluctuations on Monday. The Dax closed at 16,097 points, an increase of 0.9 percent compared to the closing price on Friday.

What speaks for a directional decision

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Further

Read on now

Get access to this and every other article in the

web and in our app.

Further

source site-14