RSS DAX Edges Lower As Investors Weigh Political Risks

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 RSS DAX Edges Lower As Investors Weigh Political Risks

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German stocks experienced a slight decline on Tuesday, influenced by ongoing political uncertainties in both Germany and France. Adding to the anticipation was the impending release of Germany's Ifo business climate index and the ZEW economic sentiment figures for December.

Investors are also focused on upcoming policy decisions from several key central banks this week, including the U.S. Federal Reserve, the Bank of Japan, and the Bank of England. The Federal Reserve is set to announce its final interest rate decision for the year on Wednesday, with expectations pointing towards a third consecutive rate cut.

Meanwhile, Eurozone government bond yields have remained relatively stable after Chancellor Olaf Scholz lost a vote of confidence, which unexpectedly triggered a general election scheduled for March 23, seven months earlier than originally planned.

The benchmark DAX index saw a decrease of 40 points, or 0.2%, settling at 20,273, following a half-percent decline in the previous session. On a brighter note, Thyssenkrupp nucera AG shares surged by over 4% after the company reported record-high quarterly sales for its alkaline electrolysers.

The material has been provided by InstaForex Company - www.instaforex.com
 
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