At the start of the new trading week, which was dominated by the key interest rate decision in Europe, the German stock market recovered somewhat. In early Monday trading, the German leading index Dax continued its moderate gains from Friday with a small increase of 0.29 percent to 15,785.70 points. The MDax of medium-sized stocks also gained after its weaker previous week and advanced by 0.42 percent to 27,175.43 points in the first few minutes. The Eurozone leading index EuroStoxx 50 recently rose by 0.48 percent.
The Dax has been looking for direction for weeks and is moving in a narrow trading range between around 15,500 and around 16,000 points. From the point of view of the experts at Landesbank Hessen-Thüringen (Helaba), in view of the key interest rate decision by the European Central Bank (ECB) this Thursday, there is a risk that prices could fluctuate more in the coming days. There is debate among experts as to whether there will be another interest rate hike or whether the European monetary authorities will take a break.
