Influences on the DAX: Geopolitics and US Interest Rates
The current situation in the Middle East and the anticipated decision regarding US interest rates are significantly influencing the German stock market. The DAX, in particular, is showing a negative trend, which is crucial for investors and savers, as it may lead to adjustments in investment strategies.
Current Market Situation
The DAX has developed positively and stood at 23,997.48 points in May 2025, about 1,500 points higher than at the end of 2024. However, it is currently testing supports and resistances between 23,408 and 24,415 points.
Chart-wise, the DAX is in a sideways movement. A rise above 23,942 points could alter the short scenario and trigger a gap-closing at 23,613 points.
Influencing Factors
Geopolitical tensions in the Middle East are creating global uncertainties, which could manifest in a reluctance to invest. Additionally, US interest rate decisions significantly influence the markets, as rising key interest rates can affect borrowing costs and, consequently, stock prices.
Impact on Investors
Private investors should adjust their strategies. In uncertain times, defensive investment strategies or the use of derivatives for risk management may be sensible. However, these products carry risks and require careful evaluation.
Forecasts and Expectations
Analysts expect that the DAX could fall back to around 22,000 points by the end of the year, representing a normalization of the market after recent overheating.
In summary, geopolitical tensions and US interest rates influence market movements. Therefore, investors should integrate risk management into their investment strategies.