Dusseldorf The losses continue on the German stock market. The Dax is down 0.1 percent in the morning and is trading at 13,180 points. The leading German index is thus back to the level of mid-July. Yesterday, Tuesday, the Dax went 0.3 percent lower at 13,194 points.
In the meantime, the Dax has given back more than half of the price gains of the summer rally, which lifted it from 12,390 to 13,947 points from the beginning of July to mid-August. With today’s daily low of 13,085 points, the downward movement has expanded since last Tuesday.
Inflation, recession and rising interest rates – this cocktail of fears is currently causing unrest on the stock exchange. It is interesting to note that government bond yields develop inversely to share prices.
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