Markets Update Wednesday 22/12/2021 – Christmas Shopping

Frankfurt – 22/12/2021 Christmas Shopping Shortly before Christmas, the mood of US consumers brightened unexpectedly, which indulged investors on Wall Street. They continue their stock shopping spree. The chances of a Christmas rally have thus increased. The Christmas rally, also called the Santa Claus rally, usually takes place on the last five trading days of the year plus the first …

Markets Update Tuesday 21/12/2021 – Christmas Cheer

Frankfurt – 21/12/12021 Christmas Cheer After the setback at the start of the week, the stock exchanges went up again today. Wall Street made up for yesterday’s losses, and the DAX also closed clearly up. But the mood remains nervous.  It was mainly bargain hunters who took advantage of the lower prices on the stock markets. They took advantage of …

Markets Update Monday 20/12/2021 – Depressed

Frankfurt – 20/12/2021 Depressed A whole series of negative factors depressed prices on the New York Stock Exchange today. The DAX also fell significantly. On the first day of the Christmas week, the US stock markets thus continued their weak performance of the previous week. Analysts identified several negative factors with the adverse effects of the fear around the corona …

Markets Update Thursday 16/12/2021 – Super-Thursday

Frankfurt – 16/12/2021 Super-Thursday After a reasonably positive start, the American stock markets slipped significantly in trading. Shares such as Apple and Microsoft were hit particularly hard by the sell-off.  Several central bank decisions were the most important topic on this “Super Thursday”. The ECB is venturing a gradual departure from crisis mode and is phasing out its pandemic emergency …

Markets Update Wednesday 15/12/2021 – Relief

Frankfurt – 15/12/2021 Relief As expected, the US Federal Reserve has prepared the ground for the first interest rate hikes in the New Year. The move came as no surprise to the stock market. Prices rose across the board. Investors had hoped to see the Fed’s aggressive side but liked that the Fed is finally taking action against inflation, which …

Markets Update Monday 13/12/2021 – Central Banks

Frankfurt – 13/12/2021 Central Banks Investors on Wall Street slowed down significantly after recent gains. The major stock indices fell at the start of the week. Investors were more cautious due to the coronavirus variant Omikron’s continuing uncertainty and the unabated high inflation. Against this background, the next days will be dominated by monetary policy – including the interest rate …

Markets Update Friday 10/12/2021 – Sky-High

Frankfurt – 10/12/2021 Sky-High Even historically high US inflation figures did not throw the markets off track today. Investors took a deep breath after a successful week. The latest US inflation data had been eagerly awaited this afternoon. As feared, inflation in the US continued to rise in November by 6.8 per cent year-on-year. It is data that probably only …

Stock Take 09/12/2021

Fitch downgrades Evergrande’s credit rating China Evergrande’s bankruptcy is becoming increasingly likely. The rating agency Fitch has further downgraded the highly indebted real estate giant. The experts now rate the creditworthiness of China’s second-largest property developer as “Restricted Default” (RD), which is the second-lowest level and is close to total default. The $300 billion indebted groups have defaulted on payments. …

Markets Update Thursday 09/12/2021 – Waiting for Friday

Frankfurt – 09/12/2021 Waiting for Friday The pre-Christmas stock rally has stopped for the time being. After three winning days in a row, the US stock markets ran out of steam. Concerns about measures needed to contain the new Corona variant Omikron dampened investor optimism. In addition, investors were cautious ahead of the US inflation data due on Friday. If …

Markets Update Wednesday 08/12/2021 – Between Hope and Evergrande

Frankfurt – 08/12/2021 Between Hope and Evergrande After the recent gains, Wall Street was quieter today. However, the Nasdaq technology exchange continued to be robust also because the Apple share continued its triumphant march. The corona variant Omikron remained the dominant topic on the stock exchange today. As later in New York, statements by the US pharmaceutical giant Pfizer and …