
The AEX race went back into red again today and does not manage to exceed 900 points. The positive momentum is not forthcoming and investors have less faith in a resumption of the bull market. In the meantime, the previous all-time High of February is already a good six months ago.
Investors get the risk of the table, gold rate rises
At the moment it is gold that the clock hits the financial markets. The shiny precious metal will already be on a return of approximately 30 percent in 2025 and is currently continuing the increases.
This morning we saw the gold price reaching a new all-time high of more than 3,500 dollars. Usually the precious metal performs well when investors start to become uncertain about the future of the economy.
At the moment there are concerns about inflation in the United States. This is because it is increasing, while the US central bank also seems to be preparing for interest rates, which would only stimulate inflation.
This creates the perfect climate for gold, because the precious metal is of course known as a financial asset that offers protection against inflation. For the time being, the AEX has to do with a sample return of almost 2 percent in 2025.
Important weeks before the AEX
Nevertheless, important weeks are coming for the AEX. This week, for example, is dominated by the American labor market.
If this week’s labor market dates turns out to be positive and shows a strong US economy, the chance of interest reductions from the Central Bank can decrease.
That would not even be bad for the AEX, because a strong American economy is important for the financial world markets.
Subsequently, the visor can be on next week, because then it is time again for the large American inflation reports, in the week before the central bank has to take his interest rate decision.
In this way a lot can change in the coming weeks, before the US central bank will take a new interest rate decision on 17 September. What do you think? Will the AEX start a new bull market in the short term?
Source: https://newsbit.nl/aex-koers-onder-druk-goud-blijft-vliegen/