Financial expert analyzes market report: Despite weak economic data, stock market prices continue to rise - DAX on the hunt for records. Opportunities for further price gains. ECB prospect of falling interest rates drives investors. The US economy is creating a special boom. Euro is trending slightly weaker.
According to a report from www.tagesschau.de, stock market prices continue to rise despite weak economic data. The DAX is holding its own at record levels because investors are counting on the positive effects of falling interest rates and companies are coping well with high interest rates. The MDAX also rose by a good 0.3 percent on this day. HSBC expert Jörg Scherer puts the price target for German standard stocks at 17,450 points. Despite contradictory statements about future monetary policy from the ECB, investors remain calm. Companies are proving robust despite weak economic forecasts. In addition, the AI-oriented tech giants in the USA created a special boom. Despite producer prices in the USA being higher than expected,...

Financial expert analyzes market report: Despite weak economic data, stock market prices continue to rise - DAX on the hunt for records. Opportunities for further price gains. ECB prospect of falling interest rates drives investors. The US economy is creating a special boom. Euro is trending slightly weaker.
According to a report from www.tagesschau.de, stock market prices continue to rise despite weak economic data. The DAX is holding its own at record levels because investors are counting on the positive effects of falling interest rates and companies are coping well with high interest rates. The MDAX also rose by a good 0.3 percent on this day. HSBC expert Jörg Scherer puts the price target for German standard stocks at 17,450 points. Despite contradictory statements about future monetary policy from the ECB, investors remain calm. Companies are proving robust despite weak economic forecasts. In addition, the AI-oriented tech giants in the USA created a special boom. Despite producer prices in the USA being higher than expected, investors remain calm. The euro is trending slightly weaker in the afternoon at prices of $1.0753. The ECB made contradictory statements about future monetary policy. Overall, however, investors are calm.
Economic data shows that companies remain robust despite weak economic forecasts. The AI-oriented tech giants in the USA are creating a special boom, while the euro tends to be weaker against the dollar. The contradictory statements from the ECB about future monetary policy could lead to a certain degree of uncertainty in the market. However, it can be observed that investors remain calm overall and the price development remains positive.
Read the source article at www.tagesschau.de