Ukraine War Ticker: DAX Weaker — Investor Exits Deutsche Bank and Commerzbank — EVOTEC Promises Further Rise in Sales — Spotlight on Tesla, Infineon | news

The leading German index shows clear discounts on Tuesday.

so opened DAX 1.66 percent weaker at 13,956.56 points and is also in the red afterwards. He too TecDAX it is currently falling sharply after initially losing 0.93 percent to 3,186.85 points.

“Investors continue to shy away from risk,” a Brsianer was quoted as saying by the dpa. Market participants are eagerly awaiting US consumer price data due in the afternoon. Commerzbank experts consider it quite possible that the core inflation rate (excluding energy and food prices) has peaked. However, it should remain above five percent until the end of the year and therefore “far from price stability.”

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The European bags are presented this Tuesday in red.

that’s how it started Euro STOXX 50 0.54 percent lower at 3,818.76 points and is also clearly in the red in the further course of trading.

Investors are focusing on US inflation data that will be available later in the day. The US Federal Reserve had recently signaled that it wanted to raise interest rates aggressively to control rising inflation. “Above all, the stock markets are threatened by the withdrawal of liquidity by the US Federal Reserve,” said Christian Henke, an analyst at brokerage IG.

Pressure is also mounting on the ECB to respond to rising inflation in the euro area. Investors therefore eagerly awaited the European Central Bank’s interest rate decision on Thursday and information on how to proceed.

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Investors on Wall Street shed more and more of their investments at the beginning of the week.

Of the dow jones it extended its initially moderate losses in the course of trading and closed down 1.19 percent at 34,309.07 points. The technological value index NASDAQ Composite it also fell on the first trading day of the week, losing 2.18 percent to 13,411.96 points.

Political and economic uncertainties weighed on investor sentiment on Monday. “Today, the mantra of many investors is ‘don’t fight the Fed when it fights inflation,'” expert Ed Yardeni of Yardeni Research told dpa. In addition, the war in Ukraine continued to overshadow stock market activity, and in China there were widespread lockdowns due to the coronavirus outbreak.

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Major stock markets took different directions on Tuesday.

The main Japanese index Nikkei closed with a fall of 1.81 percent to 26,334.98 points.

In China, on the other hand, stock markets turned positive in the course of trading. In mainland China, the Shanghai Composite finally 1.46 percent to 3,213.33 points. Of the hang seng it increased by 0.52 percent to 21,319.13 jobs.

Rising inflation, especially for commodities, and concerns about the consequent rise in benchmark and market interest rates continued to put pressure on prices. There is also no relaxation regarding the Ukraine war. Rather, there are reports that the Russian side may have used chemical weapons in Mariupol.

On the other hand, the measures announced by the stock exchange supervisory authority, which aim to expand access to capital markets, created a good atmosphere in China. In addition, Chinese regulators have approved a number of video game licenses for the first time since July, suggesting that regulatory controls over the internet sector may be relaxed.

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