Dax shrugs off war fears as gold prices end their downtrend

Dax curve

The leading German index had reached several new record highs in the last stock market year.

(Photo: Bloomberg Creative/Getty Images [M])

Dusseldorf The leading German index has regained the 15,000 point mark and, with significant price gains, is leaving the great fears of war in the Ukraine conflict behind. The Dax rose in the morning by 1.2 percent to 15,288 points. With the slide to 14,844 points, yesterday’s trading day provided a new, negative momentum in the downward trend since the beginning of the year. At the close of trading, the Frankfurt benchmark was two percent lower at 15,113 points.

Investors should continue to expect significant price fluctuations in the coming days. On the one hand, this can be seen from the fear barometer of the Frankfurt benchmark, the VDax. The higher this index is, the greater price fluctuations the professionals expect on the futures market.

At 31.787 percent, this indicator has reached its highest value since the beginning of November 2020. The pros are preparing for the current high fluctuations to last longer.

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

.
source site-14