Dax is oscillating ahead of inflation data – investors are on hold

Dusseldorf. Upcoming inflation data is luring investors out of their reserves in the middle of the week. The Dax is hovering around 25,550 points this Wednesday with an increase of 0.6 percent. There has been hardly any movement on the German stock market on the trading days so far this week.

Despite the latest developments, the Dax lost in September. About four weeks ago, the leading index reached a record of 26,618.74 points. However, uncertainties caused by the Middle East conflict have had a lasting impact on the markets.

This can also be seen on the 200-day line. This represents the average of the period and represents the long-term trend. The line currently runs at 25,634 points. The leading index is currently hovering around this number. If it rises above this, there are signs of an overarching upward trend.

"Investors are currently finding it difficult to position themselves on one side or the other. The fear of choosing the wrong side is currently a high hurdle for most," says Thomas Altmann, portfolio manager at QC Markets.