The DAX recently reached a new all-time high at around 24,330 points. This event is part of an ongoing rally that began in April after the index had significantly declined due to tariff increases initiated by US President Donald Trump. Since then, the DAX has gained about 27% and is up 18% year-to-date.
Technical Analysis
Technically, the DAX continues to show a positive trend. The exponential 50-week moving average, which represents the medium-term upward trend, remains intact. The Relative Strength Index (RSI) has generated a new re-entry signal, indicating further potential gains. Despite seasonal weaknesses in June, the DAX could continue to rise, with a possible target of 26,187 points.
Connections to the Spanish Markets
The Spanish markets, especially the IBEX 35, are closely connected to the European markets. The development of the DAX can impact the Spanish markets as both are influenced by similar global factors. Strong performance from the DAX could have positive effects on the IBEX 35, as investors often choose to invest in European markets deemed stable.
Investor Interest
For investors, understanding the connections between the DAX and the Spanish markets is highly relevant. A strong rally in the DAX could lead to increased demand for Spanish stocks, especially as investors seek diversified investment options within Europe. Furthermore, positive developments in the Eurozone, as indicated by the DAX, could also strengthen the Spanish economy.
Conclusion
The DAX has reached a new all-time high and continues to show positive technical development. The connections to the Spanish markets are of interest to investors, as they highlight potential opportunities and risks in the region. Strong performance from the DAX could yield positive effects on the Spanish markets and motivate investors to invest in European stocks.