Dax jumps in price – professional short sellers are under pressure

Dusseldorf With a price jump, the leading German index has passed the 14,500 point mark and is up 0.9 percent at 14,550 points at midday. The fall rally continues. Since the end of September, the Dax has climbed almost 2,700 points, an increase of more than 22 percent. The new history high is 14,551 points.

The minutes of the last meeting of the US Federal Reserve, which were published on Wednesday after the close of trading in Germany, met the high expectations of stock market traders. Everything points to a slower pace of interest rates from the next December meeting, with interest rate hikes at least in the US coming to an end in six months. Good news for both the stock and bond markets.