Stock exchange in Frankfurt: Dax gives way slightly

Before the upcoming interest rate decisions by the major central banks, investors on the German stock market again did not dare to take any big leaps.

Stock exchange in Frankfurt: Dax gives way slightly

Before the upcoming interest rate decisions by the major central banks, investors on the German stock market again did not dare to take any big leaps. The leading index, the Dax, fell slightly to 15,117.60 points at the start on Wednesday, after it had already practically stopped on Tuesday.

The MDax of medium-sized companies increased by 0.05 percent to 28,827.92 points in the middle of the week. The EuroStoxx 50, the leading index in the euro zone, rose by 0.18 percent.

The US Federal Reserve announced its interest rate decision on the evening after Xetra trading ended, followed by the European Central Bank and the Bank of England on Thursday. There are signs of further interest rate hikes given persistently high inflation and a strong labor market in the USA. Investors will pay particular attention to signals regarding the further pace of interest rate hikes.

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