Markets Update Friday 20/12/2019 – Off to new heights

Frankfurt – 20/12/2019 Off to new heights Today the next triple Witches’ Sabbath was due. Traditionally, the triple witch leads to high volatility in the markets. In addition, December marks the largest and most important expiration date of the year on the futures exchanges.  US Markets at a glance Meanwhile, on Wall Street, the record hunt continued. The major stock …

Markets Update Thursday 19/12/2019 – Trump impeached – now what?

Frankfurt – 19/12/2019 Trump impeached – now what? Despite the impeachment proceedings against US President Donald Trump, Dow Jones & co jumped to new record highs. However, the buying mood on Wall Street did not spill over to all markets. The official opening of impeachment proceedings against US President Donald Trump did not unsettle investors. “The Republican-dominated Senate will never …

Markets Update Wednesday 18/12/2019 – S&P 500: Another All-time-high

Frankfurt – 18/12/2019 S&P 500: Another All-time-high  It was a rather impulse-poor Wednesday from an economic point of view, which left the local markets accordingly cold.  Wall Street is only making progress with the brakes on, but it can partially post further gains. The S&P 500 made it up 0.1 per cent and reached a new all-time high of 3,194 …

Markets Update Monday 16/12/2019 – Christmas Rally in full swing

Frankfurt – 16/12/2019 Christmas Rally in full swing At the start of the new trading week, Dow Jones, Nasdaq & Co rushed to new record highs – thanks to trade peace between China and the USA. Investors have one less worry just before Christmas: fear of a prolonged tariff dispute between Washington and Beijing. On Friday evening, after months of …

Markets Update Friday 13/12/2019 – Happy Brexmas!

Frankfurt – 13/12/2019 Happy Brexmas! England has voted and clearly decided in favour of Boris Jonhson and thus also for an imminent end of the Brexit saga.  It is now certain that Great Britain will no longer be a member of the EU by the end of January 2020 at the latest. The vote finally creates security – even though …

Markets Update Thursday 12/12/2019 – Is it finally over?

Frankfurt – 12/12/2019 Is it finally over? US President Donald Trump has signed a settlement in the US-Chinese trade dispute, according to informed sources. This was reported at least by the news agency Bloomberg on Thursday. This would avoid the new wave of US tariffs on Chinese goods worth around 160 billion US dollars due on 15 December. Under the …

Markets Update Wednesday 11/12/2019 – Fed with interest-rate pause

Frankfurt – 11/12/2019 Fed with interest-rate pause For the time being, the US currency watchdogs of the Federal Reserve will not turn the interest rate screw again. The US Federal Reserve has kept its key interest rate constant and at the same time, sent a signal that the key interest rate could remain at this level for some time. The …

Markets Update Tuesday 10/12/2019 – Are the punitive duties coming or not?

Frankfurt – 10/12/2019 Are the punitive duties coming or not? Concerns about a worsening of the US-China trade dispute prompted investors on Tuesday to minimise risk and sell stocks. The markets reacted sensitively with heavy losses but were able to recover soon after when the usually well-informed Wall Street Journal reported that the new US punitive tariffs planned for this …

Markets Update Monday 09/12/2019 – Quiet before the storm

Frankfurt – 09/12/2019 Quiet before the storm On Monday, investors were still very cautious, as important decisions mark this week. From the re-elections in Great Britain on Thursday evening to the latest impulses from the Fed in the USA, relevant economic data releases from China, to the decision as to whether or not penalties are going to be imposed on …