Markets Update Monday 12/04/2021

Frankfurt – 12/04/2021 Wait-and-see approach Ahead of the companies’ first financial results for the opening quarter of 2021, US investors have not gone far out on a limb because tomorrow marks the start of the reporting season in the US, on the course of which much depends.  Fundamental headwinds for both the local stock market and the euro came this …

Markets Update Friday 09/04/2021

Frankfurt – 09/04/2021 Spring Fever on the Stock Market Stock prices are going higher and higher, driven by the money glut of central banks and governments. Even the prevailing corona news can no longer unsettle investors. The prospects “after corona” are too good and money is too cheap at the moment. The reason for the exuberant optimism on the stock …

Stock Take 08/04/2021

Online broker flatexDEGIRO convinces Booming stock market trading in the corona crisis has also brought the online broker in 2020 a substantial jump in profits below the line. At 49.9 million euros, the surplus was more than three times as high as in the previous year, the German SDAX-listed company announced in Frankfurt on Thursday. “2020 was the most outstanding …

Markets Update Thursday 08/04/2021 – Rally or not?

Frankfurt – 08/04/2021 Rally or not? On the stock markets, the renewed trend towards tech stocks continues. After the Fed meeting on Wednesday evening, it is clear that the USA’s monetary policy will remain extremely loose and that higher inflation will be tolerated in the short term. Fresh central bank money and government support are still guaranteed.  “We need to …

Markets Update Wednesday 07/04/2021 – No News is Good News

Frankfurt – 07/04/2021 No News is Good News The eagerly awaited March Federal Reserve meeting minutes do not signal an imminent end to ultra-loose monetary policy. At their latest meeting, the US Federal Reserve representatives confirmed their recently more optimistic view of the US economy. The government’s stimulus packages and loose monetary policy would support consumer spending, according to the …

Stock Take 06/04/2021

Irish Data Protection Officers Investigate Facebook Leak The recent publication of some information on more than half a billion Facebook users has prompted the Irish data protection authority responsible for Europe to take action. They are trying to find out more about it, the data protection authorities announced on Tuesday. Among those affected are many users from the EU. Facebook …

Markets Update Tuesday 06/04/2021 – Post-Easter Hunt

Frankfurt – 06/04/2021 Post-Easter Hunt The world’s leading stock exchange in New York was quieter today after a thrilling Easter Monday. Overall, US investors took a breather today after the major US indices all posted significant gains on Easter Monday. In contrast to Europe, there was no trading halt in New York yesterday. Experts attribute the recent stock market upswing …

Markets Update Thursday 01/04/2021 – Happy Easter

Frankfurt – 01/04/2021 Happy Easter Driven by the prospect of President Joe Biden’s multi-billion dollar economic stimulus programme and the increasing success of vaccinations, the American stock markets in New York picked up speed on Maundy Thursday. Technology stocks, in particular, continued their recent rally after recently being overshadowed by the standard share indices and cyclical stocks. Trade with the …

Stock Take 31/03/2021

Nestlé leaks water Nestlé has completed the sale of its North American water business announced in February. Nestlé announced on Wednesday evening. As announced at the time, the business is going to US financial investors One Rock Capital Partners and Metropoulos & Co. for USD 4.3 billion. The transaction included Pure Life, Poland Spring, and many other brands in the …

Markets Update Wednesday 31/03/2021 – Back to Tech

Frankfurt – 31/03/2021 Back to Tech Investors on New York’s Wall Street rediscovered their love for technology stocks in the middle of the week. The Nasdaq rose significantly after standard stocks had recently been more in demand. But the S&P500 also got into the swing of things late in the evening and climbed to a new all-time high. The psychologically …