Share markets fluctuate: Dax with ups and downs - outlook for the week!
Share markets fluctuate: Dax with ups and downs - outlook for the week!
Last week, the German stock markets presented themselves in a state of uncertainty. The economic data did not run in a uniform direction; Both positive and negative surprises shaped the picture. While the investors were looking forward to the monetary policy of the US Federal Reserve Fed, hopes for an interest rate reduction were persistent. This despite a surprisingly strong report on the US labor market, which was optimistic about some analysts and drove the markets at short notice.
The German stock index (DAX) ultimately increased by 1.3 percent to 19,373.83 points. The TecDax also closed in a positive area with an increase of 1.3 percent, while the MDAX fell slightly by 0.04 percent to 26,838.50 points. In this context, the stocks from Continental were the big winners of the DAX with an increase of 8.4 percent. The automotive supplier and tire manufacturer signaled that the annual goals could be reached in the fourth quarter. This was opposed to Bayer, whose value dropped by 11.8 percent, which was mainly due to legal problems in the United States.
reporting season creates new dynamics
The markets in the USA meanwhile had a positive week. Driven by the hopes for interest rate cuts and the impressive figures of large US banks such as JP Morgan and Wells Fargo, the Dow-Jones index and the S&P 500 increased growth of 1.2 and 1.1 percent. On Friday, both indexes rose to new highs. The technology-oriented NASDAQ-100 also increased by 1.2 percent to 20,271.97 points.
An important aspect that could bring additional impulses to the German stock market in the next few days is the upcoming reporting season. Investors can expect numerous corporate figures that could influence the mood at the latest after the announcement by large banks such as Bank of America, Citigroup and Goldman Sachs. Netflix will also publish its quarterly figures and thus ensures further interest. In Germany, Sartorius will present its key figures as a DAX company, which could also press on the market.
influence of monetary policy remains noticeable
Nevertheless, the influence of monetary policy is the central topic, which continues to determine the markets. The European Central Bank (ECB) will announce the result of its council meeting this week, whereby many analysts expect an interest rate reduction by 0.25 percent. It remains interesting whether the ECB can give specific signals for future measures. The economic framework, including upcoming inflation data and the ZEW economic expectations for Germany, could also shape the market mood. These published data are of great importance in a time of uncertainty.
summarized the coming week will be decisive for both Germans and international stock exchanges. The outcome of the reporting season, coupled with the announcements of monetary policy, could draw both buyers and sellers to the markets in the coming days and thus significantly influence the direction of the markets.
For more information on this topic, see the current reporting on www.finance.net .
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Ort | Deutschland |
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