Financial expert: DAX remains stable - positive mood on the stock market and hopeful interest rate prospects.

Financial expert: DAX remains stable - positive mood on the stock market and hopeful interest rate prospects.

According to a report by www.tagesschau.de, Even on the second trading day of the shortened trading week, the DAX did not make any big jumps. However, the mood on the stock market remains friendly, and hopes for interest rates remain persistent.

Today the DAX recorded slight price gains and rose by 0.2 percent to 16,773 points in the minutes of trading. Despite the unchanged general mood, it is expected that the DAX will approach its recently reached record high of 17,003 points. However, it must first overcome an important resistance at 16,800 points.

Chinese stocks rose 2.3 percent while the Nikkei in Tokyo fell 0.4 percent. The price of gold rose to just under $2,086 as investors increasingly placed their bet on the precious metal due to expectations of falling interest rates in the USA. The euro also gained in foreign exchange trading and is at $1.1118. Oil prices, on the other hand, remain sideways after previously falling significantly.

In terms of individual stocks, Bayer shares are looking to extend their previous day's gains as Apple resumes sales of its computer watches in the US. Toyota's small car division Daihatsu is compensating suppliers for the consequences of its production stop, while the New York Times has sued software companies OpenAI and Microsoft for using knowledge from millions of articles.

The regulatory authority MAS in Singapore has imposed a civil penalty of around three million dollars on the former major Swiss bank Credit Suisse. These news and developments are expected to impact markets by strengthening or weakening investor confidence in certain stocks and industries.