Introduction
The German stock market, particularly the DAX, has shown a declining trend in recent days. This development is significantly influenced by the tense situation in the Middle East and the upcoming decision by the US Federal Reserve regarding interest rates. These factors are of great importance to investors as they could have direct impacts on the markets and potentially on global interest rates as well.
Current Market Situation
- DAX Development: Since the beginning of 2025, the DAX has gained about 16.88% and reached a yearly high of 24,479.42 points. Currently, the index is hovering around 23,400 points, which represents a decrease compared to the previous day.
- Middle East Conflict: The tense situation in the Middle East has led to uncertainties in the markets. Despite these challenges, stocks are showing resilience, indicating a certain degree of calm among investors.
- US Interest Rates: The upcoming decision by the US Federal Reserve on interest rates is also affecting the markets. Interest rate decisions can significantly impact global economic development and investor sentiment.
Outlook and Forecasts
- Economic Forecasts: Deutsche Bank has recently raised its global growth forecasts for 2025 but still sees challenges from trade tensions and other factors.
- Index Forecasts: Helaba Research has adjusted its DAX forecasts upwards but still expects corrections. The DAX is considered to be outside of the fair range.
- Future Developments: Economic sentiment has improved, but tariffs and geopolitical tensions remain risk factors for the markets.
Overall, the DAX remains volatile in light of the current geopolitical and economic uncertainties. Investors are closely monitoring developments in the Middle East and US interest rate decisions as they could have significant impacts on the markets.