Dax current: Dax remains below the 16,000 point mark – Significant increase in bond yields burdened

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get notified by email. The simultaneously weak euro, down 0.5 percent against the dollar, suggested that foreign investors were also withdrawing funds. Last Friday, the Dax slipped to 15,862 points and ended the trading week 0.7 percent down at 15,948 points. Investors should keep an eye on the mark of around 15,800 points on the underside. According to a survey by the Frankfurt Stock Exchange, institutional investors are once again in demand in this area. According to technical analysis, there are also important support levels there. With a daily closing price below 15,800 places on the Dax, hopes for a successful stock exchange month in January would probably be passé. The seasonal strength in the first trading weeks of a new stock exchange year due to fresh investor funds would then have lasted only three days – a low value compared to other years. High inflation rates drive yields on government bonds The high inflation rates in Germany and Europe and most recently the significant increase in hourly wages in the USA have pushed government bond yields up noticeably. The ten-year US government bond reached 1.8 percent after the market closed in Germany last Friday, its highest value since the beginning of the pandemic. On Monday, the value initially climbed further up to 1.808 percent. At the close of the German stock exchange, it was 1.794 percent. Analysts think it is possible that the US yield will quickly rise to 2 percent. In the medium term, the path would then be paved towards 2.5 to 3.2 percent – ​​that is where the yield peaks of the years 2013 to 2018 were. )At the mark of two percent yield for a ten-year US government bond, international fund managers still wanted to sell shares in May 2021. If this view still holds, market experience tells you that the first sales will take place before this round mark. The ten-year federal bond reached its highest level since mid-May 2019 on last Friday at minus 0.031 percent meanwhile minus 0.025 percent on Monday, the turnaround in interest rates was not far away. At the close of the stock market in Germany, it fell again to 0.038 percent. A clear decision on the further direction of yields could come on Wednesday. Then the US inflation data will be released.

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Sector rotation continued unabated on the first trading day of the week, with blue chips being bought and high-growth stocks being sold. In the Dax, the papers from Fresenius , Fresenius Medical Care and BMW were ahead. The list of losers was led by the shares of the laboratory equipment manufacturer Sartorius, followed by Siemens Healthineers shares and those of the recipe box mailer Hellofresh. BMW: A positive analyst comment caused the share to rise by 1.9 percent to 95.60 euros rise. The experts at Goldman Sachs had upgraded the stock to “buy” and the price target to 123 raised from 110 euros. Adidas: