Dax currently: Dax opens in the plus – just below its record
The Dax can follow up on its recent record rally and is consolidating above the 26,000-point mark. Economic data could provide a positive outlook.
The Dax index starts the last trading day of the week with a 0.6% gain at 26,459 points, after closing unchanged on Thursday. The German index has been driven by strong quarterly figures and economic outlooks, which have overshadowed geopolitical events in the Middle East. Analysts note that investors are optimistic due to low inflation and interest rates, but warn that risks remain, particularly with regards to the Iran conflict.
The oil price remains high, with Brent crude at $87.84 per barrel and WTI at $82.24. Several economic data releases and quarterly figures from medium-sized companies are expected on Friday.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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