Dusseldorf The losses continue on the German stock market. The Dax is down 0.8 percent in the morning and is trading at 13,088 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 leading German index has already given up more than half of the price gains from the summer rally, which lifted the Dax from 12,390 to 13,947 points from the beginning of July to mid-August. And with today’s low of 13,086 points, the downward movement since last Tuesday has extended.
Inflation, recession and rising interest rates – this cocktail of fears is currently causing unrest on the stock exchange. It is interesting to observe how government bond yields are currently developing inversely to share prices.
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