{"id":68067,"date":"2026-08-04T17:03:07","date_gmt":"2026-08-04T15:03:07","guid":{"rendered":"https:\/\/www.captrader.com\/?post_type=boersen-ausblicke&#038;p=68067"},"modified":"2026-08-06T08:54:02","modified_gmt":"2026-08-06T06:54:02","slug":"dax-outlook-record-high-on-the-german-stock-market-with-nfp-and-corporate-earnings-ahead","status":"publish","type":"boersen-ausblicke","link":"https:\/\/www.captrader.com\/en\/boersen-ausblicke\/dax-ausblick-rekordhoch-am-deutschen-aktienmarkt-nfps-und-unternehmenszahlen-voraus\/","title":{"rendered":"DAX Outlook: Record high in the German stock market \u2013 NFPs and corporate earnings ahead"},"content":{"rendered":"<p>Investors have peak fever. The leap over the psychologically important 26,000-point mark acts like a can opener. The triad of geopolitics, monetary policy, and corporate earnings is currently providing the desired coordinates for investors' navigation systems. The prospect of diplomacy between Washington and Tehran continues to act as the tip of the scales.<br \/>\nHowever, the recent series of records should not obscure the fact that significant risks continue to simmer beneath the surface due to the smoldering Iran conflict.<br \/>\nNow investors are likely to focus in particular on the US labor market data due on Friday.<\/p>\n<h2><strong>DAX<\/strong><\/h2>\n<p><strong><img loading=\"lazy\" decoding=\"async\" width=\"742\" height=\"546\" class=\"wp-image-68068\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/08\/word-image-68067-1.png\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/08\/word-image-68067-1.png 742w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/08\/word-image-68067-1-300x221.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2026\/08\/word-image-68067-1-16x12.png 16w\" sizes=\"auto, (max-width: 742px) 100vw, 742px\" \/><\/strong><\/p>\n<h2><strong>Investors hope for diplomacy between Washington and Tehran<\/strong><\/h2>\n<p>According to US President Donald Trump, the United States is once again in talks with Iran. He stated that the negotiations are Tehran's last chance to sign \u201ea good deal.\u201c Several countries had asked the United States to give diplomacy another chance, he added. At the same time, he reiterated that talks appear to be taking place at Tehran's request. \u201eThe first phase is the opening of the strait,\u201c Trump said. According to him, a second phase will focus on the \u201edenuclearization\u201c of Iran.<\/p>\n<h2><strong>\u201eJOLTs and ADP employment data could provide first preview of NFPs<\/strong><\/h2>\n<p>The so-called \u201eJOLTs\u201c (Job Openings and Labor Turnover Survey) may have already provided an appetizer for the upcoming NFP publication. For the month of June, the report showed a total of 7.359 million open positions, compared to an expected 7.454 million units (previously: 7.537 million units).<br \/>\nAt the same time, Wednesday's ADP employment data could also provide an initial preview of the official US job figures. The ISM Purchasing Managers' Index for the service sector is expected on Wednesday at 4:00 PM.<\/p>\n<h2><strong>US job data in focus on Friday \u2013 economists expect job growth of 80,000 units<\/strong><\/h2>\n<p>The US employment report (Non-Farm Payrolls) will come into focus for investors on Friday at 2:30 PM, which is expected to provide monetary policy impulses. Economists expect that a total of 80,000 new jobs were created outside of US agriculture, which is significantly more than in June (57,000 new jobs).<br \/>\nAlso in focus are the unemployment rate as well as the development of average hourly wages. For the former, a rate of 4.2 percent is expected.<\/p>\n<h2><strong>Earnings season is reaching its peak in this country \u2013 further flood of figures ahead<\/strong><\/h2>\n<p>During this earnings season, results are being reported today by Bayer AG (ISIN: DE000BAY0017), Continental AG (ISIN: DE0005439004), Fresenius Medical Care AG (ISIN: DE0005785802), Lufthansa AG (ISIN: DE0008232125), and Hugo Boss AG (ISIN: DE000A1PHFF7) are taking center stage.<\/p>\n<p>On Wednesday, Siemens Energy AG (ISIN: DE000ENER6Y0), Infineon Technologies AG (ISIN: DE0006231004), Deutsche Post AG (ISIN: DE0005552004), Fresenius SE (ISIN: DE0005785604), Vonovia SE (DE000A1ML7J1), along with Beiersdorf AG (ISIN: DE0005200000), will report.<\/p>\n<p>On Thursday, the focus will be on the earnings reports from Siemens AG (ISIN: DE0007236101), Deutsche Telekom AG (ISIN: DE0005557508), Rheinmetall AG (ISIN: DE0007030009), Merck KGaA (ISIN: DE0006599905), and Commerzbank AG (ISIN: DE000CBK1001), and on Friday, Allianz SE (ISIN: DE0008404005), Munich RE (ISIN: DE0008430026), and Daimler Truck Holding AG (ISIN: DE000DTR0CK8).<\/p>","protected":false},"excerpt":{"rendered":"<p>Investors have peak fever. The leap over the psychologically important 26,000-point mark acts like a can opener. The triad of geopolitics, monetary policy, and corporate earnings is currently providing the desired coordinates for investors' navigation systems. The prospect of diplomacy between Washington and Tehran continues to act as the tip of the scales.<br \/>\nHowever, the recent series of records should not obscure the fact that significant risks continue to simmer beneath the surface due to the smoldering Iran conflict.\u00a0<br \/>\nNow investors are likely to focus in particular on the US labor market data due on Friday.<\/p>","protected":false},"author":36,"featured_media":45484,"template":"","borsenausblick-kategorie":[882],"class_list":["post-68067","boersen-ausblicke","type-boersen-ausblicke","status-publish","has-post-thumbnail","hentry","borsenausblick-kategorie-dax-wochenausblick"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/boersen-ausblicke\/68067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/boersen-ausblicke"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/boersen-ausblicke"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/36"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media\/45484"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=68067"}],"wp:term":[{"taxonomy":"borsenausblick-kategorie","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/borsenausblick-kategorie?post=68067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}