Markets Update Friday 06/09/2019 – The markets are pumping

Frankfurt – 06/09/2019 The markets are pumping Further slips in the vote for British Prime Minister Boris Johnson and his No-Deal-Brexit plans had delighted investors, as had the announcement of new talks in the trade dispute between the US and China and surprisingly good economic data from the US. On Friday morning, however, investors are taking a wait-and-see stance ahead …

Markets Update Thursday 05/09/2019 – New hope pushes courses higher

Frankfurt – 05/09/2019 New hope pushes courses higher According to information from Beijing, China and the USA have agreed on further trade talks in Washington at the beginning of October. The prospect of an easing in the trade dispute as well as in the Brexit issue is giving rise to optimism on many stock exchanges. A double voting flap for …

Markets Update Tuesday 03/09/2019

Frankfurt – 03/09/2019 After the US holiday at the beginning of the week, the stock market still lacks impulses in the morning, which was already evident in Asian trading. A few important economic releases are due today, which will lead to more substantial trading activity and higher volatility. Today, at 09 am GMT, producer prices for the eurozone will come …

Markets Update Friday 30/08/2019 – China acts as the grown-up

Frankfurt – 30/08/2019 China acts as the grown-up The Chinese have decided to get out of the childish tit-for-tat-game Trumps. The markets like that. On Thursday, the Chinese Commerce Ministry said that China would not react immediately to the new tariff increases by the Trump administration, which are to come into effect on September 1. Instead, a ministry spokesman pointed …

Markets Update Thursday 29/08/2019 – Sterling beaten down after Johnson speech

Frankfurt – 29/08/2019 Sterling beaten down after Johnson speech The Brexit issue is not letting investors go. British Prime Minister Boris Johnson is cutting Parliament’s time in deliberation on the Brexit dispute before EU withdrawal. Johnson announced that the usual two-week break from mid-September will be extended to around four weeks until 14 October. The Queen officially confirmed the extension …

Markets Update Wednesday 28/08/2019 – Investors stay at the sidelines

Investors stay at the sidelines The global stock markets continue to look at the various political conflicts, like the news that came out of Italy and from Brexit. Furthermore, the German GfK consumer climate index is expected later on today. Finally, in the evening (from 20:00 CET) the Fed’s economic outlook for the USA, the Beige Book, is awaited.  The …

Markets Update Monday 26/08/2019 – Trade war spiral of retaliation

Frankfurt – 26/08/2019 Trade war spiral of retaliation The trade dispute between the USA and China becomes a trade war. The US government will raise all existing punitive tariffs on imports from China by five percentage points each, as US President Donald Trump announced on Twitter. His announcement came only hours after the Chinese government announced new punitive tariffs on …