Dax Pauses Fifth Day in a Row – What High Inflation Can Mean for Markets

Dusseldorf The Dax extends its slight setback on Tuesday. In the morning, the leading German index lost 0.4 percent and traded at 13,157 points. The stock market barometer closed on Monday with a minus of 0.3 percent and a final value of 13,210 points.

However, such breathers should not come as a surprise, because since July 14, the Dax has gained almost 1000 points in the meantime. And as long as the Frankfurt benchmark stays above the 13,000 mark, which was support for several weeks in June and then resistance in July, little will change in this trend. So far, the leading German index has “processed” the news of lower gas supplies well. That obviously wasn’t a big surprise anymore.

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