The trading day is Monday 25 April 2022

On the stock market, fears of a recession are rampant: more and more investors fear that the economy of the US and Europe may turn in the face of rising interest rates and the war in Ukraine. The Chinese economy is also a risk factor for the stock market, analysts at investment bank Nomura warn. The end of the Beijing government’s zero-Covid strategy is not in sight and new cities are blocked. The Dax could face a restless week. In the old week, the Dax lost a whopping 360 points or 2.5 percent on Friday alone. Closing price: 14,142 points, after the peak index had already risen to almost 14,600 during the week, but also dropped below the 14,000 point mark. The Wall Street prices had also collapsed at the end of the week. The Dax is currently valued again below the 14,000 mark.

The United States is threatened with recession in late 2023 due to projected interest rate hikes, predicts David Folkerts-Landau, chief economist at Deutsche Bank. The key US rate could rise 4.5 to 5 percent by then. For 2021 alone, prices on the futures markets increased by more than 2.6 percentage points.

“Maybe it’s too early to call for a recession in 2023,” said Mark Dowding, chief investor at wealth manager BlueBay. “However, it seems appropriate to further reduce growth expectations for next year.”

The start of the economic data series is today Ifo-Index, which reflects the mood in the German leadership plans. Analysts expect a slight drop to 88.1 points for April.

On the business side, the new trading week begins with the results of numerous large companies – publishing, for example Philips, Roche, Coke And Vivendi their business relationships. From the Dax opens the German stock exchange their books.

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