The Dax increased its losses from the previous day somewhat on Wednesday. The leading German index fell by 0.17 percent to 15,740.98 points. China’s weak economy and investors’ concerns that US interest rates will continue to rise given relatively strong economic data in the country continued to weigh on sentiment.
The Dax followed the price losses in late trading on Wall Street from the previous day. The stock markets in Japan, South Korea and Hong Kong also went down on Wednesday.
Against this background, the MDax of medium-sized listed companies fell by 0.43 percent to 27,665.59 points. The leading eurozone index, the EuroStoxx 50, fell by 0.22 percent.
The restrictive interest rate policy has many direct and indirect effects on the real economy, price dynamics and the financial markets, wrote market expert Andreas Lipkow. Liquidity is falling, which is currently leading to some distortions in the real estate industry.
