FRANKFURT (dpa-AFX) – The German stock market has had a mixed start to the new trading week. Signs of an easing in the US-China trade dispute did little to drive prices on Monday, as did the latest economic data from Germany. Investors held back on commitments in a week marked by interest rate decisions by the US Federal Reserve and the European Central Bank (ECB) as well as numerous corporate earnings reports on both sides of the Atlantic.
The DAX closed up 0.28 percent at 24,308.78 points. In contrast, the MDAX for medium-sized listed companies fell 0.50 percent to 30,140.88 points.
“Until the central bank decisions, the market remained indecisive,” wrote analyst Frank Sohlleder from broker Activtrades. “The impetus from the ECB and the Fed will then determine whether the DAX breaks out upwards towards new record highs or undergoes a downward correction.”
China and the US have moved closer in the tariff and…
