At the start of trade on Thursday morning, the DAX reached the record of more than 23,400 points. The anticipation for the gigantic financial package for armaments and infrastructure, to which the Union and the SPD have agreed, continued to drive the courses. The more moderate attitude of US President Trump with regard to tariffs against Canada and Mexico also calmed the stock exchanges in the United States. Trump grants three US car manufacturers a delay of one month: Ford vehicles, General Motors and Stellantis are not used for the time being, if they are imported from Canada or Mexico. The German leading index increased by 1.4 percent, but after the rise there was no further momentum during the day. At times, the DAX completely gave its profits. At lunchtime there was an increase of 0.6 percent, as the winners, as the previous day, the Heidelberg materials share, which climbed 2.8 percent to almost 173 euros in the morning. Investors hope that construction companies benefit from the federal infrastructure package. Also strong: Deutsche Bank’s share, which at times increase 3.6 percent to around 22.50 euros. With an increase of more than nine percent, the titles of Deutsche Post led the DAX. The logistics group reacts to a drastic job cuts in Germany to a drop in profits in the past financial year. Routes of ten years of federal bonds Schnell Hocht The view of increasing public debt also lifted the returns of the ten -year federal bonds. They were at 2.9 percent at the highest level since the end of October 2023. On Wednesday, German federal bonds had suffered the strongest course of the course since German reunification. The trend-setting schedule of the BUND-FUTURE has been struck and has marked another new contract low in the morning, the Helaba analysts wrote in their daily outlook: “Further price losses should be drawn into the calculation.” More on the topic, the relief has recently succeeded, a new one has been booked at $ 1,0820. “Above all, the current strength of the euro is remarkable in view of the security policy uncertainty,” writes the bank. The Heleba does not rule out further price gains. The upcoming interest rate decision of the European Central Bank (ECB) today attracts attention from Donald Trump’s customs policy and the historical financial package in Germany. A further interest rate reduction is 0.25 percentage points, which would be the sixth since the turn of the interest in the summer of last year. The ECB deposit rate that the banks get for their deposits at the central bank and which also has an impact on savings interest would drop from 2.75 to 2.5 percent.
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