FRANKFURT (dpa-AFX) – The DAX fell for the fifth consecutive trading day on Thursday. At the same time, it reduced its losses somewhat during the course of the day and remains close to its record high. The German benchmark index had reached this level a week ago at 24,479 points.
On the one hand, there is a certain amount of mistrust regarding the trade agreement between China and the US. “Although US President Trump is talking about an agreement in the tariff dispute with China and is also naming specific figures for future import tariffs, investors around the globe are not buying it. China, which is now supposed to resume supplying rare earths to the US in return for a 55 percent import tariff, while having to settle for ten percent, is saying too little,” said capital market strategist Jürgen Molnar of Robomarkets.
On the other hand, investors are concerned that Israel may attack Iran after the Islamic Republic…
