Falling inflation data from the USA and Europe supports the stock market: financial expert analyzes market situation.
The stock market is receiving tailwind from falling inflation rates in the USA and the Eurozone. Investors also expect interest rates to fall soon and are willing to take more risks. This has pushed the DAX to its highest level since the beginning of August. Hopes of imminent interest rate cuts by the ECB and the Fed are fueled by the steadily falling inflation rates. German retail is also recording an increase in sales, which has a positive impact on the outlook for the economy. Among the individual stocks in this country, the focus is on the shares of the Fresenius family after the group completed the deconsolidation of the dialysis provider Fresenius Medical Care. These developments could continue to support the stock market. According to …

Falling inflation data from the USA and Europe supports the stock market: financial expert analyzes market situation.
The stock market is receiving tailwind from falling inflation rates in the USA and the Eurozone. Investors also expect interest rates to fall soon and are willing to take more risks. This has pushed the DAX to its highest level since the beginning of August. Hopes of imminent interest rate cuts by the ECB and the Fed are fueled by the steadily falling inflation rates. German retail is also recording an increase in sales, which has a positive impact on the outlook for the economy. Among the individual stocks in this country, the focus is on the shares of the Fresenius family after the group completed the deconsolidation of the dialysis provider Fresenius Medical Care. These developments could continue to support the stock market.
According to a report from www.tagesschau.de, falling inflation rates indicate the possibility of interest rate cuts by the ECB and the Fed, which favors the stock market. The development of German retail and the restructuring at Fresenius could also contribute to market stability. Given these factors, it is possible that the DAX will continue its upward trend and overcome the 16,200 point mark. Developments on the New York Stock Exchange and discussions about further interest rate prospects could also have an impact on the global stock market. In addition, the latest inflation data from the US and Europe could also affect the foreign exchange market, especially the euro.
Read the source article at www.tagesschau.de