Frankfurt The German share index Dax started with price gains in the middle of the week. Supported by the positive development on the US stock exchanges and the Asian trading centers, the barometer climbed 0.4 percent to 14,525 points in early trading.
On Tuesday, the leading German index was able to gain a good percent. In the US, stocks gained significant ground on Tuesday. Technology stocks in particular were in demand, with the Nasdaq index rising by around two percent. The prospect of a potentially steeper-than-expected rate hike by the US Federal Reserve also buoyed financials.
The new motto of investors is generally that equities are currently the best insurance against inflation, which is picking up significantly in Europe and the USA. In terms of economic data, investors are looking at the Ifo economic forecast today.
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