Investors are currently struggling to push the DAX to a new record high. The uncertainty about what will happen next seems too great. Friday thus ended with a rather uneventful day overall. The negotiations in Turkey between Ukraine and Russia, which were seen as having potential, have degenerated into a bit of a farce, as the meeting was not attended by the most important representatives, but rather by representatives who were not allowed to make decisions, but rather by representatives who represent the most important protagonists. Meanwhile, the US President announced that he will speak "straightforward" with the Russian President, and there are rumors that Russia is ready to make deals. However, unless anything concrete emerges, the markets are likely to remain cautious and view these developments with apprehension.
This tug-of-war will continue next week, and the purchasing managers' indices are also expected in Germany. This forward-looking indicator, which will be published next Thursday, has the potential to give the DAX a boost if it delivers a positive surprise. Whether this will then lead to an all-time high remains to be seen. It remains to be seen how the week develops until then. The purchasing power index will also be reported in the US on Thursday, so this could have a double effect if both indicators point in the same direction.
Rheinmetall continues to rise - E.On faces further correction
Like the DAX itself, the individual stocks were also relatively hesitant, with the day's winner, Rheinmetall, managing a mere 2.4 percent gain, while the second-placed stock on Deutsche Börse ended the trading day with a 1.5 percent premium. At the bottom of the list was E.On, which has generated positive headlines in recent months. The price decline was 2.9 percent, even though the stock's dividend was increased again.
In summary, the DAX is still waiting for an impetus to further propel its rally. This could come from a geopolitical or trade policy perspective, should Donald Trump announce further positive deals. The forward-looking leading indicators of the purchasing managers' indices may also provide a boost. a positive surprise.
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