Wednesday, January 26, 2022

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    DAX falls as interest rates approach

    Germany’s DAX index fell 0.69% on Friday trading. market Prepare for the Fed’s rate hike as early as March. Federal officials’ comments that soaring inflation justified raising interest rates seem to have fueled risk aversion in stock markets around the world.

    The 40 Script Index is currently trading at 15,921.55. Trading on that day was in the range of 15885.84 and 15974.02.

    At current levels, DAX is 2.26 percent below its 52-week high of 16289.00.

    Volkswagen, Fresenius Medical Care, E.ON, Fresenius, MTU Aero Engines have increased by more than 1%.

    HelloFresh decreased by 5.44 percent. Both Delivery Hero and Sartorius have decreased by more than 4%.

    Zalando, Siemens, Symrise and PUMA have fallen by more than 2%.

    BASF is the most active script. Scrip has increased by about 0.55 percent.

    The EURUSD pair remained around 1.1456, 0.02 percent higher than Thursday’s closing price, as the dollar index fell from 94.79 to 94.78 on Thursday.

    10-year bond yields increased 17 percent from -0.0870 percent on Thursday to -0.0720.

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    DAX falls as interest rates approach

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    The post DAX falls as interest rates approach appeared first on Eminetra.

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