The German stock market initially fell slightly on Thursday before the interest rate decision by the European Central Bank (ECB). The ECB is likely to continue its fight against high inflation without a break: economists mostly expect a moderate increase of 0.25 percentage points for the euro zone.
The Dax fell in the first few minutes of trading by 0.2 percent to 16,271.47 points. The day before, the leading index had surpassed the record high that was only three weeks old by a few points, but the great desire to buy does not seem to be in sight for the time being in view of an annual gain of 17 percent so far.
The MDax for medium-sized companies also fell by 0.2 percent on Thursday morning to 27,498.61 points. The EuroStoxx 50 was down 0.3 percent.
