Ralf Zimmermann Bankhaus Lampe

: Even in a more likely scenario where Greece and its creditors compromise, the decline probably isn’t over and the benchmark gauge may hit 10,500, Zimmermann said.A rebound in the euro coupled with losses in German bunds has made the DAX the second worst-performing index among developed markets this quarter, according to Bloomberg. Greek debt negotiations are stalling, and European officials are preparing for a potential default and exit from the euro. So say Ralf Zimmermann of Bankhaus Lampe KG and Uni Credit Bank AG Christian Stocker, who forecast the DAX Index could slip as low as 10,000. The deadline is approaching, and it crunch time, said Zimmermann, an equity strategist at Bankhaus Lampe in Dusseldorf. If there is a Grexit, that would be an add-on. The move from mid-April was driven by the crash in the German bond market. (news.financializer.com). As reported in the news.