FRANKFURT (dpa-AFX) – After a recent setback, a strong recovery is emerging early on Tuesday in the Dax (DAX 40). About two and a half hours before the Xetra release, broker IG rated the German lead index, up 0.8 percent to 15,886 points. Docs seems to have the 21 and 50 day average lines drawn the previous day. They are considered as barometers for short and medium term.
The last weak Wall Street already saw the evening before a clear reaction, which took the technology transfer Nostalk’s codes even to positive territory. Dow Industrial was able to hold its 50-day line after losing 3.5% from the previous week. According to experts at Credit Suisse, investors used the obvious setback to restart. It was said that the markets are currently riding on a roller coaster. Most recently, interest rate concerns have been on the decline due to high inflation
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