Dax processed yesterday’s gains – interest markets allow the stock rally to continue

Dusseldorf The price gains of the previous day are processed on the German stock market. In the first hour of trading, the Dax was unchanged at 15,195 points.

Yesterday, Tuesday, there was an increase of 1.8 percent and a final score of 15,195 points. The Dax has already climbed five percent since Monday’s low of 14,458 points.

The chances of price gains similar to those of the day before are probably rather slim this Wednesday in view of the forthcoming US interest rate decision. For Thomas Altmann from the investment house QC Partners, “it is quite possible that the first few will soon start taking part of their commitment off the table”. At the current recovered price level, however, the buying interest that would then counter the profit-taking is likely to be limited.

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