Current Market Development
The DAX has seen a strong recovery in recent weeks and is approaching its record high of nearly 24,326 points. This trend is of great significance for investors and savers, as it provides insights into the current market development.
- Record High: The DAX reached a new record high of 24,325.97 points in May 2025, indicating a strong recovery of the German economy.
- Year-to-Date Performance: The DAX is about 20 percent up in 2025, suggesting a positive development in the German stock markets.
- Weekly Performance: In the last week, the DAX rose by about 1.3 percent, while the MDAX increased by 2.7 percent.
Influencing Factors
Several factors are determining the current situation of the DAX:
- Inflation Data: Current inflation data from Germany and the USA are crucial for the future interest rate policy of the European Central Bank (ECB) and could influence the DAX.
- Trade Policy Uncertainty: The unclear situation around US tariff policy is creating uncertainty in the markets and could affect the DAX.
- ECB Interest Rate Decision: The upcoming interest rate decision of the ECB will be closely monitored as it could have implications for the European stock markets.
Technical Analysis
- Goals and Supports: Should the DAX rise above 24,255 points, the next targets could be at 24,325, 24,476, and 24,540 points. Supports are expected at 24,120/100 and 23,923/860.
- Trend: The trend of the DAX continues upward, but a failure at the hurdles of 24,255 or 24,300 could lead to a pullback.
Overall, the DAX shows strong momentum and is approaching its record high. The market development will continue to be influenced by economic and political factors.