德国DAX指数经历了一个波动的交易日，周三微涨至23359点，因为投资者在当天晚些时候备受期待的美联储政策决定之前变得更加谨慎。尽管人们普遍预计美联储将在2025年的首次降息中至少降息25个基点，但重点将放在美联储鲍威尔关于进一步宽松政策的言论上。在数据方面，欧元区2025年8月的消费者价格通胀率从初步的2.1%下调至2.0%，与欧洲央行的目标保持一致。在企业方面，SAP领涨，上涨3.2%，杰富瑞维持买入评级和290欧元的目标价，预示着云计算的强劲增长和自由现金流前景。其他表现最好的公司包括大陆集团（+1.9%）、阿迪达斯（+1.7%）、费森尤斯医疗（+1.1%）、拜耳（+1.6%）和英飞凌科技（+1.3%）。相比之下，德国商业银行和西门子能源公司的亏损最大，分别下降2.8%和2.2%。
The DAX in Germany experienced a volatile session to close marginally up at 23,359 on Wednesday, as investors turned more cautious ahead of the highly anticipated Fed's policy decision later in the day. While the US central bank is widely expected to lower interest rates by at least 25 basis points in its first cut of 2025, the focus will be on Fed Powell's remarks for signals on further easing. On the data front, Eurozone consumer price inflation for August 2025 was revised down to 2.0% from a preliminary 2.1%, aligning with the ECB’s target. On the corporate front, SAP led the gains, rising 3.2%, as Jefferies maintained a Buy rating and EUR 290 price target, pointing to resilient cloud growth and free cash flow outlook. Other top performers included Continental (+1.9%), Adidas (+1.7%), Fresenius Medical Care (+1.7%), Bayer (+1.6%) and Infineon Technologies (+1.3%). By contrast, Commerzbank and Siemens Energy posted the biggest losses, down 2.8% and 2.2%, respectively.
