Dax aktuell: Dax notiert im Plus – und nähert sich Rekord
Anlegerinnen blicken gespannt auf die erwartete Fed-Rede und Hinweise zur weiteren Zinspolitik. Unterdessen sinkt der Ölpreis nach seinem jüngsten Anstieg.
Düsseldorf: The DAX index opened strongly on Friday, gaining around 0.6 percent to reach 26,530 points, bringing it closer to its all-time high of 26,573.50 points. The German benchmark index had closed at 26,367 points on Thursday. Wall Street also saw an upward trend, with Nvidia's optimistic outlook driving the technology stocks.
However, markets were restrained by concerns over persistent inflation. Financial markets are now looking ahead to the first appearance of Kevin Warsh as the new US Federal Reserve chairman at the Jackson Hole economic forum. The Fed chief hopes to address major economic issues during the symposium in Wyoming, Wyoming, in the United States.
Investors are hoping Warsh will provide more detailed guidance on monetary policy. Warsh has deliberately diverged from the line set by his predecessor, Jerome Powell, who used to provide guidance on interest rates. The Federal Reserve will decide on the key interest rate again on September 16. Beth Hammack, a US currency guardian, is pushing for an interest rate hike due to persistently high inflation. However, further rate cuts are expected in the financial markets.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
