DAX had made it exciting on Tuesday when it slumped very sharply, but the nightly over-the-counter rally probably had more substance than could be expected. Together with the agreement of the Union and SPD on a voluminous financial package, investors knew no stopping and drove up the index thanks to their share purchases. The DAX closed 3.8 percent higher at 23,081 points at the end of the day.Heidelberg Materials, Deutsche Bank and Commerzbank all closed more than 10 percent higher than their respective share values at the time of the carry-forward. The leader of the day, Heidelberg Materials, went out of trading with a performance of over 17.5 percent. Especially with this share value, which is of great importance in the area of infrastructure, the large financial package comes into play Gute.Es there are still no signs in the DAX that this rally could be over. The greatest danger lurks in the fact that the unexpected actually happens. Under certain circumstances, this can already occur through profit-taking and a pessimistic unexpected daily report. Since the Trump era, the unexpected is to be expected at any time.
British stock market flat - pound continues to soar
While politicians in Germany fired the DAX upwards, the British stock index FTSE 100 has retreated further after its all-time high. Investors and investors saw themselves on the safe side through profit-taking. The daily close in the index was therefore flat. Investors had ultimately hoped that a breakthrough could be achieved on the tariffs imposed by the US on Canada and Mexico, but there was no success story at first. However, this did not detract from the rally in the British pound. The currency climbed to a 4-month high and is heading straight for $1.30. Investors are asking themselves how long this rally can continue at this pace. In fact, the pound has risen very sharply in the last three trading days. Although there are no signs of a correction, a flatter market becomes more likely with each steep daily rise.
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