DAX index dropped 0.92% to 20,065.11 due to rising bond yields, impacting market negatively.

From Nasdaq: 2025-01-13 06:11:39

The DAX index fell 0.92 percent to 20,065.11 due to rising bond yields and fears of a hawkish Fed. Only 12 out of 40 stocks were in the green, with RWE gaining 1.7 percent. Infineon Technologies led losses with a 2.9 percent decline. The EUR/USD pair slipped 0.37 percent to 1.0198, while German bond yields rose to 2.5915 percent. The surge in Dollar Index to 110.18 impacted currency pairs, with EUR/JPY decreasing 0.66 percent. Rising inflation expectations and reduced rate cut predictions fueled the spike in bond yields.



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