However,
Pressure intensifies dax: concerns around:
Frankfurt (DPA -AFX) – The climate darkened on the German stock market. Similarly, Faced with uncertainties surrounding the world’s customs agreements with the United States. Moreover, less favorable economic prospects and entry into the crucial period of results in Germany, the Dax is moving towards uncomfortable and potentially agitated scholarship sessions. For example,
The new week could also serve as an orientation signal from a graphic point of view as to. Therefore, the upcoming evolution. Similarly, Statistically. Furthermore, the month of August is traditionally weak and marked by reduced exchange volumes, which should encourage investors to caution rather than optimism. Therefore,
“The file of customs duties is far from closed. Furthermore, ” writes Christian Henke, chief analyst markets at the IG broker, who receives signs of correction for the German flagship index. Meanwhile, On the night of Thursday to pressure intensifies dax: concerns around Friday, US President Donald Trump unveiled new details about customs agreements. Moreover, From Thursday, many new agreements will come into force, providing for around 70 countries rates ranging from 15 to 40 %. Furthermore, Among them is also the European Union. Nevertheless, which has agreed with the United States on a 15 % increase in basic customs duties. Therefore,
Trump’s confused customs policy thus sows doubt again and revives concerns about general economic development. Therefore, The lowering of stock markets could thus accelerate. The short. medium -term trendy signals for the Dax and the Eurostoxx have already become negative again, suggesting new losses.
The Dax could drop below 22,000 points, the level where the 200 -day mobile average still offers support. The flagship index of the euro zone could go back up to approximately 5,180 points. If the longer -term trend indicators also came to be crossed. the pressure intensifies dax: concerns around two indices would risk a new withdrawal to the lowest in April.
At the time. the “Liberation Day for the United States” proclaimed by Trump, combined with the reaction of China, had sparked fears of a spiral of customs duties. Had followed strong falls on the world markets. In such a scenario, the annual gains could then turn into losses. A situation that worries Thomas Altmann, portfolio manager at QC Partners. He stresses that, despite the obvious risks, many investors have not reinforced their covers recently. “And a poorly covered market is still particularly dangerous. »»
It is therefore not surprising. according to Robert Greil, strategist chief at Merck Finck, that a wider agreement with China is now crucial after recent customs agreements. Indeed, a new deadline set by Trump remains unanswered for August 12. He also evokes “the risk of very high punitive customs duties against countries pressure intensifies dax: concerns around such as trading China with Russia – if Putin. according to Trump’s threat, does not change course in the war in Ukraine within a week”. According to him, all this “could lead to high market fluctuations in August, a period traditionally not very liquid”.
Among the economic indicators expected this week. German industrial export figures, published on Thursday, should draw attention due to the customs context. “They will give an indication of the higher customs duties on exports to the United States. ” said Ralph Solveen, an economist at Commerzbank.
In April and May, exports had already fell clearly, after a sharp increase in previous months. Solveen still considers this recent movement as a “normal fluctuation in this very volatile series”. But it expects a new decline in June. which should show that customs duties significantly complicate German companies to their main export market. Attention will also be pressure intensifies dax: concerns around on orders to German industry in June, published in the middle of the week.
Regarding the situation. therefore the orientation of the monetary policy of the American federal reserve, the June figures on industrial orders in the United States, expected on Monday, could bring clarification. The hopes of a drop in guiding rates in September was mostly faded after the president of the Fed. Jerome Powell, recently underlined the persistent uncertainty surrounding inflation and customs duties. However. the American labor market report, which is particularly low for the month of July, clearly strengthened, according to economists, the probability of a drop in rates in September.
On the business side, an avalanche of results awaits investors this week, especially from Dax groups. Infineon, DHL, Commerzbank, Siemens, Siemens Energy, Zalando, Allianz, Deutsche Telekom and Rheinmetall will publish their figures. The “hot days” will be Wednesday and Thursday. And faced with pressure intensifies dax: concerns around the annual objectives already revised downwards by certain companies that have published their quarterly results. uncertainty grows in the number of revisions to come ./ck/jsl/he
— par Claudia Müller, dpa-Afx —
Pressure intensifies dax: concerns around
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