Tuesday, December 21, 2021
The stock market day
Dax expected higher again
the Dax will start higher again after the sell-off at the start of the week, according to calculations by banks and brokerage houses. The fear of massive restrictions due to the rapid spread of the new Corona variant Omikron had pushed the German stock market index down by up to three percent at the start of the week, before it ultimately went 1.9 percent weaker with 15,240 points. In the fight against Omikron, new restrictions are expected at the upcoming federal-state meeting during the day. There shouldn’t be a nationwide lockdown for the time being, but contact restrictions. From December 28, private gatherings of vaccinated and convalescent people are to be limited to a maximum of ten people, as Reuters quoted from a draft resolution.
Investors expect information about the buying mood of German consumers from the GfK index. Experts predict a value of minus 2.5 points for January, after minus 1.6 points in the previous month. Investors are also keeping an eye on the barometer for the mood of European consumers. This index is expected to be minus eight points for December, after minus 6.8 points in the previous month.