Dax aktuell: Dax notiert kaum verändert – Anleger warten vor Fed-Protokoll ab
Die hohen Staatsanleiherenditen und steigende Ölpreise belasten die Märkte. Die Rede der EZB-Chefin gab nicht die erhofften Anzeichen für eine zukünftige Zinspolitik.
Düsseldorf - Despite losses this week, the Dax index returned to stability at midweek. The German benchmark index remained unchanged at 26,137 points in the morning trading session. On Tuesday, the Dax had closed 0.8% lower. On Monday, it also fell slightly, marking the first minor setback in the summer rally in four weeks. According to a TradeBeutel-Dax sentiment survey, investors have remained highly optimistic about the Dax recently.
Seventy-five percent of respondents indicated they saw the Dax as currently in an upward momentum or a top formation. Currently, rising global bond yields are primarily driving the market. The 30-year German government bond rose to 3.78% on Tuesday, marking its highest level since 2011. It still stands at 3.77% on Wednesday. In the United States, the UK, and Japan, yields also climbed to new decade highs.
This is due to both rising inflation expectations and concerns over rapidly growing government debts. "The global stock market is being pressured from the bond side, and the Dax is no exception," said Jochen Stanzl, Chief Analyst at Consorsbank.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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