DAX rises to its highest level since mid-September - interest rate peak reached in the USA? Hopes of falling interest rates are buoying stock markets.

DAX rises to its highest level since mid-September - interest rate peak reached in the USA? Hopes of falling interest rates are buoying stock markets.

According to a report from www.tagesschau.de, hopes of an end to interest rate hikes in the USA are causing stock markets to rise in both Europe and the USA. Market interest rates may have peaked after core U.S. inflation fell to 0.2 percent in October. Producer prices also rose surprisingly moderately and signaled less inflationary pressure. In addition, the averted danger of a government shutdown in the USA brought relief to the stock markets.

With an increase of 0.86 percent, the DAX reached its highest level in two months, with an important technical buy signal also being reached. Positive economic data from China and the prospect of falling interest rates in the USA are reinforcing the positive mood on the markets. The European common currency was able to defend its gains and the price of oil fell significantly over the course of the day.

Siemens Energy shares rose by over nine percent, even though the company had to announce a record loss of 4.6 billion euros. Infineon shares were also in high demand as the chip manufacturer achieved record sales and profits. In contrast, HelloFresh shares came under pressure after the company had to lower its annual targets due to unexpected problems in the US.

The prospect of hydrogen playing a central role in Germany's energy supply continues to have a positive impact on Nucera shares, while real estate group Grand City Properties benefited from strong demand for living space.

Overall, it can be said that the positive mood on the stock markets is supported by the prospect of falling interest rates in the USA, positive economic data from China and the prospect of hydrogen as a future technology. This has a positive impact on stocks while oil prices fell during the day. The development of the shares of individual companies such as Siemens Energy, Infineon and HelloFresh shows both positive and negative developments.