FRANKFURT (dpa-AFX) – The German stock market continues its recent upward movement shortly before the inflation data from the USA. In early trading, the Dax rose 0.23 percent to 20,317 points, remaining within sight of its previous record, which was set at just under 20,523 points before Christmas. However, it remained below its previous day’s high.
In the second German stock market tier, the MDax rose more sharply on Wednesday by 0.89 percent to 25,392 points. Investors see pent-up demand here, because unlike the Dax, it has not recorded any gains in 2024 and has also been in the red so far in the new year. At the eurozone level, however, the leading index EuroStoxx rose only slightly by 0.1 percent in the morning.
The important consumer prices from the United States are on the agenda this afternoon. These are important because a mix of interest rate, inflation and tariff concerns is stubbornly persisting in the…
