Leading index rises above 15,000 points for the first time in eleven months – “DAX pops the corks too much”

Frankfurt The eagerly awaited US inflation data met investor expectations and supported the stock exchanges, but did not trigger any new price fireworks. Immediately after the data released early Thursday afternoon, Germany’s leading index, the Dax, fell back but recovered in less than a minute.

US inflation rose 6.5 percent year-on-year in December, exactly in line with economists’ forecasts. This is the sixth time in a row that US inflation has risen.

In the afternoon, the Dax was up 0.8 percent at 15,061 points. However, he had already cracked the 15,000 point mark in the morning and had even climbed to 15,087 points by midday.