Movies

War in Ukraine in Ticker: DAX Plus – Bayer: Another EPA Review of Glyphosate – Pfizer Takes Stake in Valneva – Deutsche Telekom, Beiersdorf, Delivery Hero, adidas, Bitcoin Featured | news

Competition for Netflix & Co .: Paramount + is entering the German streaming market. ENCAVIS recovers after promotion in MDAX. BMW is investing billions in the production of electric motors in Steyr. According to Goldman Sachs, Varta is expected to benefit from the electronic drum business. ABB postpones the IPO of its subsidiary for electric mobility. BioNTech, Pfizer & Moderna: U.S. Department of Health and Human Services Recommendation for Corona Vaccination for Young Children.

The German stock market looks friendly at the start of the week.

of the DAX it opened the session 0.62 percent higher at 13,207.79 points and is currently trading in black as well. of the TecDAX it’s also in green territory, having started 0.28 percent higher at 2,831.39 points.

After the previous turbulent week, the German stock market calmed down slightly earlier in the week. Investors continue to focus on high inflation, on the decisive tightening of some central banks to contain inflation and on the fear of a recession. As reported by the German news agency, JPMorgan stock market strategist Mislav Matejka expects the Fed’s tightening rate to peak in the second half of the year, after the Fed raised its key rate by 0.75. % last week, the highest since 1994.

Click here for the full index overview

European equity markets posted moderate gains on Monday.

of the EURO STOXX 50 it’s in the profit zone at noon. It had previously started trading at 3,443.25 units, up 0.14%.

According to Credit Suisse, investors have come to terms with central banks’ fight against inflation, but the mood remains low, reports the German news agency, and the sharp swings in the market are expected to continue. Investors are likely to continue to face this problem in the coming months.

Click here for the full index overview

There are no trading on Wall Street on Monday due to the Juneteenth holiday. US equity markets were mixed on Friday.

of the Dow Jones he barely moved ahead of the weekend, slipping 0.13% to 29,888.78 points by the end of the session. With the NASDAQ composite however, it increased significantly. It ultimately improved by 1.43 percent to 10,798.35 points.

On Friday, investors continued to move into the area of ​​tension between high inflation and subsequent tight inflation monetary policy by central banks. The Fed also decided on Wednesday to raise the benchmark interest rate by 75 basis points. There are now rumors of another sharp rate hike in July.

Click here for the full index overview

Equity markets in the Far East failed to find common direction on Monday.

The main Japanese index was in Tokyo Nikkei by the end of trading by 0.74 percent to 25,771.22 points.

For the Shanghai composite meanwhile it fell a marginal 0.04 percent to 3,315.43 points. of the Hang Seng it was finally 0.42 percent more stable at 21,163.91 units.

Investors continued to focus on high inflation and the resulting tighter monetary policy of some central banks, which in some cases caused investors to fear an impending recession and in some places a depressed mood. Chinese markets were buoyed by the fact that China’s central bank left the benchmark one- and five-year interest rates for bank loans unchanged.

Click here for the full index overview

About the author

hiyabad

Leave a Comment