Consultation conducted by the Commission on the proposed regulations for a unified value-added tax system.
The German stock market index, DAX, is anticipated to show a moderate upward movement on Thursday, August 28, 2025, with forecasts ranging between 24,411 to 24,424 points. This projection is based on recent predictive sources, with the index's range estimated to be roughly between 22,458 and 26,364 points[1][2].
The market sentiment appears cautiously optimistic, but key zones of technical resistance and support near 24,500 and 24,000 respectively are expected to trigger price reactions[3]. In a technical trading perspective, analysts recommend short positions near resistance at 24,500, aiming for profits between 24,200 to 24,000, and long positions near support at 24,000, targeting levels up to 24,500.
Two significant factors influencing the DAX's movement on August 28 are the US-Russia meeting and the US July producer price data (PPI) release. The US-Russia meeting introduces geopolitical uncertainty, but early indications suggest cautious optimism that might support risk appetite in European markets, including Germany[5]. The US July PPI—which signals inflation trends and can impact Fed rate expectations—could influence the DAX indirectly through global monetary policy expectations.
However, it's important to note that the search results do not specify exact DAX constituent companies reporting quarterly results on Thursday, August 28, 2025. Typically, major German corporations in sectors like industrials, chemicals, automotive, and financials report around this time, but the data for this day is missing from the current sources.
In other news, Deutsche Telekom has launched a new AI phone, a smartphone without visible apps, while the bidding war for ProSiebenSat.1 is yet to reach a conclusion, with an official statement not expected until next week. Call volume for SAP exploded in the previous session, and the broker IG quotes the DAX at 24,164 points, down 0.1% in the morning. The DAX closed at 24,185.59 points on Wednesday, with a 0.7% increase.
Sources:
- Predictive Source 1
- Predictive Source 2
- Trading Strategies Source
- Geopolitical and Inflation Source
- Market Sentiment Source
- Broker IG DAX Quote Source
- DAX Closing Price Source
Analysts' recommended technical trading strategy involves short positions near the resistance at 24,500, with potential profits between 24,200 to 24,000, and long positions near support at 24,000, targeting levels up to 24,500, given the anticipated moderate upward movement of the DAX. Despite this, the exact finance-related companies reporting quarterly results on Thursday, August 28, 2025, are not specified in the current sources.