Current DAX Development
The DAX experienced a remarkable recovery in 2025. By May 2025, the index rose to 23,997.48 points, which corresponds to an increase of about 1,500 points compared to the previous year. Since the beginning of 2025, the DAX has gained about 22%, making it one of the best performers among stock indices. In June 2025, the DAX even reached a high of over 24,400 points.
Possible Impacts of the Middle East Escalation
The escalation of the crisis in the Middle East could significantly influence global markets. Such geopolitical tensions often lead to increased volatility and uncertainty, prompting investors to avoid riskier assets like stocks. This could put pressure on the DAX and lead to price declines.
Trade Uncertainties
Uncertainties regarding trade policy, especially in connection with actions taken by US Presidents, have also led to market fluctuations in the past. Protectionist measures and trade conflicts can dampen global economic activity and heavily impact the export economy. Germany, as an export-oriented economy, could be particularly affected, which could negatively influence the DAX.
Forecasts and Trends
Short-term Forecast: The DAX could remain in a sideways movement due to decreasing momentum and increased volatility. If support around 23,500 points fails, a new wave of losses could occur.
Medium-term Forecast: Despite the current challenges, the DAX has recorded strong gains in recent years. The last all-time high in May at 24,325 points marks a turning point where profit-taking could commence.
Long-term Forecast: In the long run, the DAX is generally on an upward trend. Stronger corrections have often represented good buying opportunities in the past. By 2030, the DAX could realistically rise to the level of 27,000 points.
In summary, the Middle East escalation and trade uncertainties could pressure the DAX in the short term. However, in the long term, the index remains on a positive trajectory, provided that geopolitical and economic conditions stabilize.