Auto Shows: Börse Frankfurt: DAX slips on red terrain

Citizens' decision in November: Frankfurt Mayor does not take a description of

 Citizens' decision in November: Frankfurt Mayor does not take a description of Peter Feldmann, the decision of the city council is unnecessary. Now the citizens should vote. © Photo: Frank Rumpenhorst/dpa The Mayor of Frankfurt Peter Feldmann (SPD) speaks at the beginning of the city council in the Roman. Frankfurt Mayor Peter Feldmann (SPD) did not accept the election by the city councilors. The deadline for this had passed on Friday night.

The DAX seems to stop his attempt to stabilize on Thursday.

Mario Vedder/Getty Images © provided by Mario Vedder/Getty Images

with a slight increase of 0.09 percent to 13,040.36 points, the DAX started in the Thursday session. The stock barometer also presented itself a little higher afterwards, but only until noon. In the meantime, the Dax loses 0.20 percent on 13,001.99 points on the Frankfurt Stock Exchange.

shocked by the High US Inflation , the DAX was recently sagged by up to 4.5 percent in two days from its recovery high at 13,564 points in the area of ​​the 100-day line.

experts expect strong US interest rouses

After the unexpectedly clear price survival for consumers, the weakening at the manufacturer's level the previous day helped to calm the mind a bit, the Credit Suisse said. In the United States, the price survival at the manufacturer's level has weakened more than expected, as was known yesterday. Regardless, however, the experts' conviction is growing that the US Federal Reserve continues its restrictive interest rate, even if the growth suffers. The expectations of Swiss bank for the US interest rate have increased by 50 basis points according to the latest data. Ultimately, they now expect the Fed to gradually attract the key interest rate up to 4.50 percent.

after "Sell Everything Day": Dax with a minus start on Frankfurt Stock Exchange .
The shock after the US inflation data from the previous day also has the DAX under control on Wednesday. © provided by Peter Bischoff/Getty Images with the DAX we went to the Handelseröffnunbg on Wednesday by 0.44 percent 13,131.34 points south. the day before, the German leading index was still at 13,564 points to its 100-day line before the high US inflation caught the investors cold.

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