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2h ago

DAX Hovers Near Record as Traders Await Trump–Zelenskyy Talks and Jackson Hole

Analysts expect Powell to avoid pre‑committing to a September cut.

Börsenhändler an der Frankfurter Börse.
Ein Aktienhändler verfolgt die Kursentwicklung auf Computermonitoren im Handelssaal der Deutschen Börse in Frankfurt am Main.

Overview

  • IG indicated a flat DAX open near 24,332, with the index still capped below the 24,500 resistance after a 0.2% decline to 24,314 on Monday.
  • Investors are focused on the Fed’s Jackson Hole symposium, with market pricing suggesting roughly an 85% chance of a quarter‑point cut on September 17.
  • After the Trump–Putin meeting in Alaska produced no concrete outcome, markets are watching President Trump’s talks with Ukraine’s Volodymyr Zelenskyy in Washington.
  • SoftBank agreed to buy $2 billion of Intel shares at $23 each, according to the companies, following a 3.6% drop in the chipmaker’s stock on Monday.
  • Qantas was ordered to pay A$90 million over unlawful pandemic‑era layoffs, and Swatch withdrew an ad and apologized after racism complaints.