Dusseldorf A directional decision is likely to be made on the German stock market these days. Because there are several important dates coming up. With the US Federal Reserve, the European Central Bank (ECB) and the central banks in Japan and China, four major central banks are deciding on the next rate hike.
The leading German index Dax had moved sideways for the past eight weeks. On Monday it closed with a slight plus of 0.9 percent at 16,098 points. On OTC trading platforms, the Dax was also up on Tuesday morning before the start of trading.
Inflation figures will be presented in the US on Tuesday. Economists expect inflation to have eased in May but still remain above the 2% target. The Fed had recently signaled a possible interest rate pause. But first she wants to see significant progress in fighting inflation.
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