Ukraine war in the spotlight: US stock markets expected to hold steady — DAX near zero — Musk’s biggest Twitter shareholder — Tesla hits new delivery record — Delivery Hero , Nordex, Bayer, BMW, GAZPROM in the spotlight | news

The German leading index was listless on Monday.

the DAX started the session 0.40 percent firmer at 14,503.96 points. However, shortly after the start of trading, the stock market barometer moved into the red. Late in the morning it got close to its Friday closing price and then moves in a tight range around it. the TecDAX it was 0.24 percent higher at 3,313.04 points at the start and then hovered around the zero line. During the day, however, you can repost benefits.

Already on Friday, strong US labor market data buoyed the DAX. But there are also positive signs coming from the Far East. “The sentiment is supported by the rally in Hong Kong tech stocks,” one market participant said, according to Dow Jones Newswires. “On the other hand, the situation remains unstable because the discussion about an embargo on gas purchases with Russian war crimes is increasing,” he said. “Such an embargo would cause the share prices of industrial companies to collapse again.”

“Demands for a complete energy boycott against Russia, with certainly manageable but nonetheless massive economic effects for Europe and especially for the German economy, are getting louder. And in the recessionary trends of the economy, the investors buy shares, “according to the capital market strategist Molnar according to the German Press Agency. Therefore, no “big jumps up” are expected at the moment.

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Investors in Europe are holding back on Monday.

the Euro STOXX 50 It was trading at 3,925.27 points at the start of trading with gains of 0.17 percent. It then fell into the red before rising back up to its close on Friday.

Positive indications from Asia are felt in European markets. However, the problematic issues of the Ukraine war, fears about interest rates and concerns about inflation are not far from the focus of investors’ attention. In terms of economic data, US industrial orders are due later in the day, with analysts estimating that they fell 0.6 percent in February.

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US stock markets should not make any big jumps at the beginning of the week.

the dow jones it moves around the zero line before the market. the NASDAQ Composite you should also start with little movement.

Investors continue to focus on the war in Ukraine. Market participants referred to reports over the weekend of alleged atrocities committed by Russian soldiers against Ukrainian civilians in Bucha. Western countries are also threatening to impose tougher sanctions on Russia. Meanwhile, the Russian and Ukrainian negotiators want to resume their video calls at the beginning of the week. “We hope that the talks will continue to move towards a ceasefire and the withdrawal of Russian troops, but if you look at the course of the process so far, that will probably not happen any time soon,” says the German news agency Craig Erlam. , Oanda Europe analyst, again.

On the company side, investors are focusing on Twitter, among other things, after Tesla boss Elon Musk became the largest shareholder in the short message service.

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Stock markets in the Far East rose earlier in the week.

The main Japanese index Nikkei it eventually rose 0.25 percent to 27,736.47 points.

In mainland China, the Shanghai Composite 0.94 percent to 3,282.72 points in the weekend. The stock exchange there was closed on Monday due to the holiday. In Hong Kong, the hang seng by 2.10 percent to 22,502.31 points.

The positive orientation on Wall Street supported Asian trade. Meanwhile, in Shanghai, trading is halted on Mondays and Tuesdays due to public holidays. Meanwhile, in Hong Kong, news settled that Beijing is apparently ready to give in on the accounting dispute and imminent loss of US stock market listing may be averted. Chinese authorities wanted to give US regulators full access to audited balance sheets, according to the Bloomberg news agency. Still, a total of 32 shares remained suspended since Friday. Hong Kong-listed companies failed to file their annual results at the end of March by the deadline, Hong Kong Exchanges & Clearing said.

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