Business

Ukrainian War on Ticker: US Stocks Should Be Stronger – DAX Little Moves – HORNBACH Adjust Earnings Forecasts – EVOTEC, WACKER CHEMIE, Twitter, Apple, Oracle, Bitcoin Featured | news

The main German index was undecided on Tuesday.

of the DAX recorded a 0.97 percent increase to 13,557.44 points when the starting bell rang and initially continued to rise. Over the course of the morning, however, she again gave up her earnings and at times experienced a significant minus. In the afternoon, however, he manages to recover the defeats. of the TecDAX also started 0.63 percent more stable at 2,920.64 points. He then continued to stay positive before moving on to the red ground and staying there.

Investors are focusing on the upcoming US Federal Reserve interest rate decision on Wednesday. Experts from investment bank Goldman Sachs predict an interest rate hike of 0.75 percentage points, followed by another of the same amount in July. “For better or for worse, the stock market has to get used to the tighter monetary policy path,” CMC Markets market watcher Jochen Stanzl told the German news agency.

However, positive impulses are coming from the Mannheim European Economic Research Center (ZEW): the Institute’s monthly survey of economists shows that the assessment of Germany’s economic development over the next six months has improved.

Click here for the full index overview

A cautious mood prevails on the European stock exchanges.

of the EURO STOXX 50 started 0.27 percent higher at 3,512.04 points. As it progressed, it initially remained on green territory, but the gains then melted away again.

European investors are looking forward to the US, where the Fed’s interest rate decision is expected tomorrow Wednesday. The general assumption is that the question is not whether monetary watchdogs will raise the key interest rate, but how fast and by how much. “Concerns about rising interest rates in the US are creating a bad mood in the equity, interest rate, foreign exchange and cryptocurrency markets and are also causing the euro to depreciate significantly against the US dollar,” he said. affirmed LBBW according to dpa.

Click here for the full index overview

US stock investors hope for stabilization on Tuesday.

of the Dow Jones higher premarket trend. of the NASDAQ composite it should also recover some from the previous day’s losses.

Ahead of Wednesday’s Fed meeting, however, it should come as no surprise if buyers back down. On equity markets, another 0.5 percentage point Fed rate hike is a foregone conclusion – some banks like JPMorgan and Goldman Sachs now even expect a 0.75 point hike. Goldman expert Jan Hatzius also expects another big interest rate hike in July.

Click here for the full index overview

Stock exchanges in the Far East have mostly been able to resist negative guidelines until the close of trading.

The main Japanese index was listed in Tokyo Nikkei eventually 1.32 percent less to 26,629.86 points.

For the Shanghai composite on the other hand, it rose 1.20 percent to 3,288.91 points. of the Hang Seng it ultimately remained nearly unchanged at 21,067.99 units on Tuesday.

Asian markets initially continued yesterday’s losing streak before some indices finally managed to break out of the loss zone. The specs from the US and Europe were negative. The fear of stagflation – economic stagnation coupled with high inflation – is too great.

In addition, the back and forth in China’s crown policy has been a drag. More recently, Beijing has tightened the reins of blockades and mass testing, which could lead to further problems in supply chains.

Click here for the full index overview

About the author

hiyabad

Leave a Comment