FRANKFURT (dpa-AFX) – After the recovery at the start of the week, the German stock market returned to a more leisurely pace on Tuesday. The most important indices hardly moved. The leading Dax index fell by 0.09 percent to 18,426.55 points. The previous day, the recovery had already ended near 18,500 points and the 21-day moving average. The latter is a measure of the short-term trend.
According to Commerzbank, the focus is already on consumer prices from the USA, which are on the agenda for Wednesday, and US producer prices on Thursday. These data will once again be crucial ahead of the Fed’s interest rate decision on September 18. The pivotal point of the discussion is the extent of the Fed’s first interest rate cut. Looking ahead to the European Central Bank this Thursday, investors are relatively certain of a further rate cut.
The MDax index of mid-caps was slightly higher at 25,203.12 points. The EuroStoxx 50,…
