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DAX-FLASH: Leading index remains waiting for a record – Fed signals in the evening

Wednesday, 11/03/2021 6:42 AM from

dpa-AFX

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Bull in front of the entrance to the Frankfurt Stock Exchange. © Nikada / iStock Unreleased / Getty Images Plus / Getty Images

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FRANKFURT (dpa-AFX) – The Dax remains in wait on Wednesday for a new high: the broker IG estimated the German leading index on Wednesday morning 14 points lower to 15,940 points. The record high of August at 16,030 points remains in sight, especially as the US indices are also continuing their hunt for records.


“The German benchmark index is already in the year-end rally at the beginning of November,” stated technical analyst and capital market expert Martin Utschneider from Donner & Reuschel. Seasonally everything speaks for further rising prices: “From a statistical point of view, the six best stock market months are now beginning,” said Utschneider.

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