Dax conquered the 12,000-point mark, despite weak Wall Street

Recently, the Dax, improved by 0.96% to 12.100,67 points. On Tuesday, the stock market barometer had recovered, for a time, about three percent, according to us

Dax conquered the 12,000-point mark, despite weak Wall Street

Recently, the Dax, improved by 0.96% to 12.100,67 points. On Tuesday, the stock market barometer had recovered, for a time, about three percent, according to us, the best week since 2011. Surprisingly weaker U.S. stock exchanges had let this profit but erosion, so that the Dax closed on Tuesday under 12,000 points.

DAX 12.086,09 PT. +100,70 (+0,84%) Xetra

  • 1 day
  • 6 months
course data

had gone To Wall Street, the investors, the day before, cover again - despite a surprise interest rate cut by the US Central Bank. The Dow Jones Industrial was down to the final on the German stock market. Because of the dangers to the economy due to the novel Coronavirus, the Fed had lowered its benchmark interest rate by 0.50 percentage points. It is not managed in order to mitigate the Concerns in the market. Are you interested in in addition to values? The professionally managed trading service "Small Caps Champion" takes all the Research and analysis work. (Partner offer) Now 30 days free of charge test!

Credit Suisse advises restraint

With the reduction in interest rates by the Central Bank, although surprisingly fast on the Coronavirus, said the investment Bank Credit Suisse. The Virus was failing, but when persistent, is not expected to be sufficient this step to support the economy. The Calls for further measures by the Fed are likely to be louder. Investors should keep in the coming days and weeks on the market, advised the Bank.

In China, behind the epidemic of the Coronavirus is, meanwhile, deep marks in the economy: The Caixin-the purchasing managers ' index for services fell by half in February and dropped to a record low. "The key for the exchanges will be, how rapidly the purchasing managers' indices recover again," said Analyst Thomas Altmann from QC partner. Also, the car market in China broke.

topic:

  • ECB is prepared to stand - Due to Corona the next bad message to
  • Virus rolls on savers epidemic puts a strain on economy - "a Tsunami of profit warnings": The coming months will be for the companies bitter

stock market expert: Now is the time for countercyclical Investing FOCUS Online stock market expert: Now it is time for anti-cyclical investments

/Reuters
Date Of Update: 04 March 2020, 11:00

Yorum yapabilmek için üye girişi yapmanız gerekmektedir.

Üye değilseniz hemen üye olun veya giriş yapın.

NEXT NEWS