The Dax weakened slightly on Monday. After a stable previous week, the leading German index lost 0.33 percent to 16,122.77 points in the first few minutes of trading. Reluctance prevails on the stock exchanges because interest rate decisions by important central banks are on the agenda this week in the USA and the euro zone. The MDax with the 50 shares of medium-sized listed companies fell by 0.49 percent to 28,114.11 points. The EuroStoxx 50, the stock exchange barometer for the heavyweights in the euro zone, lost around 0.47 percent to 4370.72 points.
In general, the markets expect that both the Fed on Wednesday and the ECB will raise their key interest rates again on Thursday. A rate hike of 0.25 percentage points is considered a foregone conclusion, which would have resulted in the ECB raising interest rates by a total of 4.25 percentage points and the Fed by 5.25 percentage points. “The question is, however, whether this is the end of the road or whether there will be further increases,” explain the experts Ralf Runde and Ulrich Wortberg from Helaba, explaining the caution of investors.
