Dax aktuell: Dritter Rekordtag in Folge – Dax startet mit Gewinnen

The optimism in Germany's stock market remains strong, as the Dax index has now achieved its third consecutive record day. On Wednesday morning, the benchmark index surpassed its previous day's best mark, closing at 26,404 points. Although the index experienced some volatility in the morning, it remained in positive territory. On Tuesday, the Dax index rose by 0.8% to 26,202 points at the close of trading.

However, Martin Utschneider, a market expert at Robomarkets, cautions that given the high price level, initial profit-taking cannot be ruled out. The Dax is entering an overbought phase, warns Utschneider. Nevertheless, the analyst expects the record chase on Germany's stock market to continue for now. Technically, the Dax could range between 26,200 and 26,500 points during today's trading session, according to Andreas Lipkow from CMC Markets.

Positive market reactions are driven by the anticipation of a positive causal chain, as emphasized by Thomas Altmann, a market expert at QC Markets. The central focus is on the anticipated opening of the Hormuz Strait. If realized, oil and gas prices would continue to decline, with far-reaching consequences: lower energy costs would alleviate inflation expectations, which would then generate immediate downward pressure on interest rates.