The all-time high in the DAX is imminent.
The German Stock Index came very close to its new all-time high on Thursday. It's not far off now, and you don't need to be a prophet to see that the all-time high will most likely fall on Friday at the end of the week. This is supported not only by the impending change of government in the Federal Republic, but also by the first tariff deal announced by Donald Trump. It would be surprising if further agreements did not follow a tariff deal. The ice seems to be broken, and further progress seems only a matter of time.
The DAX is likely to be friendly on Friday; the signs at all levels point to easing. The only fly in the ointment seems to be the shrinking US economy, but the US stock markets are currently unimpressed by this and continue to rise at a high level despite stagnant interest rates. Ultimately, this also means that if the economy can cope with these interest rates, the Federal Reserve has sufficient room to maneuver should intervention really become necessary to stabilize the labor market or further counteract a looming inflation.
Heidelberg Materials takes the lead in the DAX.
Looking at the individual stocks, on a generally positive day, Heidelberg Materials' stock managed to take first place among the DAX stocks. The stock closed with a gain of 4.8 percent, ahead of Zalando's stock. The retail company's stock closed with a gain of 4.5 percent, just behind the day's winner. A regular in the top 3 is Rheinmetall's stock, which once again shone with a gain of 4.1 percent.
Dollar forces Euro towards a possible trend reversal.
Looking at the Euro versus the Dollar, it can be said that the Federal Reserve's decision yesterday had a lasting effect. The Dollar was able to gain further against the Euro. Investors in the Euro are slowly having to fear whether the Euro can already put its upward trend aside.
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