ย 

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—™๐—น๐—ฎ๐˜€๐—ต

The German benchmark index $GER30 surpassed the 15,300 mark ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ณ๐—ถ๐—ฟ๐˜€๐˜ ๐˜๐—ถ๐—บ๐—ฒ ๐—ถ๐—ป ๐—ถ๐˜๐˜€ ๐—ต๐—ถ๐˜€๐˜๐—ผ๐—ฟ๐˜† on Tuesday. It went up to 15,311.86 points in the morning - a plus of 1.4 per cent at the peak. Currently, the stock market barometer is gaining 0.93 per cent to 15,247.76 points.


Positive impulses came from overseas: the $DJ30 and also the broad-based $SPX500 had jumped to record highs the day before, on Easter Monday, and benefited from economic optimism in generally thin Easter trading. On Good Friday, data for the month of March had first shown that the labour market in the United States recovered surprisingly strongly, unlike in many other countries. On Monday, the strong improvement in sentiment among US service providers was a positive surprise.


This Tuesday, on the other hand, the economic data agenda is sparse. On Wednesday evening, interest will focus on the minutes of the US Federal Reserve (Fed) meeting in mid-March. Experts are hoping for more insights into the rather loose monetary policy signals of the central bankers. In their view, these contrast somewhat with the good economic outlook, which would actually suggest a somewhat tighter monetary policy.


The strong economic data from the USA are fuelling investors' hopes for a rapid revival of the global economy, which should ultimately also fuel the export-dependent German economy. However, the current level is already pricing in a lot of optimistic assumptions, which can also be quickly disappointed again.


Nevertheless, I do not see the GER30 as "overbought" or "overheated", as many stock market papers are currently saying. Rather, the GER30 still has some ground to make up due to the much more restrained rise during the pandemic rallies compared to the $DJ30 and the $SPX500 .


๐—œ ๐—ฎ๐—บ ๐—ฏ๐—ฒ๐—ถ๐—ป๐—ด ๐—ผ๐—ฝ๐˜๐—ถ๐—บ๐—ถ๐˜€๐˜๐—ถ๐—ฐ.


What do you think about it? Comment!

Have a successful week!

ย 
>
    
    <script type=