For a long time, the precious metal platinum was considered a luxury variant or enhancement of gold. In recent years, however, this order was no longer correct, at least not in terms of price, because platinum was in ever-decreasing demand, especially from the automobile industry, and thus lost considerable importance. Therefore, the question now arises: does it make sense to ...
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Friday, May 29, 2020
China is testing government-issued digital currency
Facebook’s Libra plans have startled Beijing. But now China is setting the pace: its digital currency is to replace cash. Pilot tests are already underway in four major cities. China has been testing its planned national digital currency for several weeks. According to the state news agency Xinhua, the research institute for the digital currency of the Chinese central bank ...
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Markets Update Thursday 28/05/2020 – Spring Feelings
Frankfurt – 28/05/20 Spring Feelings Hopes for an early vaccine against the coronavirus and a rapid economic recovery have been driving stock prices recently. The current rally is mainly based on the belief that the pandemic has already been brought under control and that economic recovery can be accelerated thanks to the measures taken by governments and central banks worldwide. ...
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Markets Update Wednesday 27/05/2020 – Tunnelvision
Frankfurt – 27/05/20 Tunnelvision There is still only one direction for stock market prices: upwards. The current economic optimism of investors seems to know no bounds. The luck became perfect when the EU and the head of the big bank JP Morgan, Jamie Dimon, also sent positive signals. Despite the intensifying tensions between the two superpowers USA and China over ...
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Markets Update Tuesday 26/05/2020 – Tourism rally without tourists
Frankfurt – 26/05/20 Tourism rally without tourists Many a person rubs his eyes these days when he looks at the global stock markets and asks himself: “Can it be possible?” One almost gets the impression that the corona crisis is already over. The mood on the stock markets is glorious. With the easing of current restrictions and limitations in many ...
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Markets Update Monday 25/05/2020 – Joyful dancing on a powder keg
Frankfurt – 25/05/20 Joyful dancing on a powder keg Hopes for a return to normality created a positive trend in many financial markets today, even with the New York Stock Exchange bein closed due to a public holiday. The London leading stock exchange was also closed this Monday. Looking ahead, investors are currently hardly able to curb their enthusiasm, and ...
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Friday, May 22, 2020
Markets Update Thursday 21/05/2020 – Still Swingin’
Frankfurt – 21/05/20 Still Swingin’ According to many experts, the market is currently lacking real price drivers. Although global markets have already recovered considerably since the March low in the wake of the corona crash, investors are currently wavering between economic pessimism and hopes of a rapid economic recovery in the face of the pandemic and its economic impact. More ...
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Thursday, May 21, 2020
Markets Update Wednesday 20/05/2020 – The stock market paradox
Frankfurt – 20/05/20 The stock market paradox The stock market still seems to profit from the overwhelming flood of money from the central banks. Economic facts are not only fading into the background but are simply ignored. Even if worldwide loosening of the restrictive corona measures is being pushed further, nobody can foresee how significant the damage will really be. ...
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Markets Update Tuesday 19/05/2020 – Consolidating Hopes
Frankfurt – 19/05/20 Consolidating Hopes After the dazzling price rally at the beginning of the week, the air was gone today. Nevertheless, a reconstruction plan for Europe’s economy is having a positive effect on the markets. Furthermore, the good mood of the previous day was driven by the loosening of current restrictions, rising oil prices, statements by Fed Chairman Jerome ...
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Markets Update Monday 18/05/2020 – The next wave of optimism
Frankfurt – 18/05/20 The next wave of optimism Investors today were once again banking on an early restart of the economy and pushed the stock market barometers way up. Tailwind also came from the US Federal Reserve, but also from a report that gave some investors hope in the corona crisis. The US biotech company Moderna has allegedly been able ...
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Markets Update Friday 15/05/2020 – A Good Friday
Frankfurt – 15/05/20 A Good Friday At the end of the week, the bulls have returned, and the markets have increased significantly. Both the Dow Jones and the German Dax gained some ground again after the recent losses. In a week-on-week comparison, however, the balance remains negative – and the further outlook uncertain, as the positive price jumps still seem ...
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Friday, May 15, 2020
Silver Rally Incoming?
Silver always stands in the shadow of its big brother gold. But the price of silver, which also fell sharply in the crash quarter, seems to be on its way to catch up in terms of performance – there are two signals for this. The corona crisis did not stop at commodities either – but while gold and palladium only ...
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Markets Update Thursday 14/05/2020 – Sell in May and go away
Frankfurt – 14/05/20 Sell in May and go away “Sell in May and go away”- the old stock market wisdom seems to have come true so far – even in Corona times. The whiff of optimism that prevailed last week in the face of the gradual easing of corona restrictions has now returned. Suddenly investors are getting the creeps. They ...
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Markets Update Wednesday 13/05/2020 – A flood of red
Frankfurt – 13/05/20 A flood of red The roller-coaster ride of emotions in the markets and also of the values of each asset classes continues. At first, the continuous easing of measures in the corona crisis was celebrated, and now investors are worried about possible negative consequences. In a US Senate video hearing, prominent US immunologist and government advisor Anthony ...
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Markets Update Tuesday 12/05/2020 – Depressing
Frankfurt – 12/05/20 Depressing The caution has returned to the markets. After days of euphoria and hope that the imminent relaxation of corona measures would lead to normality and a renewed upswing, disillusionment returned today. Investors are thus trying to find the right balance between easing measures on the one hand and the increasing awareness of the extent of the ...
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Markets Update Monday 11/05/2020 – Difficult times
Frankfurt – 11/05/20 Difficult times The recent corona euphoria has given way to a much more sober assessment at the beginning of the week. For the reality of the crisis remains extremely difficult, as the latest figures show. On top, renewed tensions between the USA and China way heavy on the markets. As a result, investors switched back again to ...
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Wednesday, May 13, 2020
Markets Update Friday 08/05/2020 – Facts matter no more
Frankfurt – 08/05/20 Facts matter no more Weak macro data have not bothered investors for a long time, and the stock markets are almost exclusively driven by fantasy and hope. So once again, the global indices have risen although yet another flood of shocking figures was presented today. The fundamental data were devastating, as so often in the past. In ...
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Markets Update Thursday 07/05/2020 – Back and forth
Frankfurt – 07/05/20 Back and forth The international markets still lack orientation. Almost every day, the signs change, and the ups and downs continue. Today, the signs were again predominantly positive, but they too are yet on shaky ground. Once again, miserable economic data from all directions as well as sobering unemployment figures from the USA were hailing. Nevertheless, Mr ...
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Wednesday, May 6, 2020
Markets Update Tuesday 05/05/2020 – Time to look forward
Frankfurt – 05/05/20 Time to look forward After the big sell-off the last two trading days, Friday and Monday, investors returned to the floor, buying equities on the cheap. Even though the whole picture of the global economy looks as gloomy as can be, investors continue to ignore the hard facts, all profit warnings, recession outlooks, etc. and pump up ...
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Markets Update Monday 04/05/2020 – Headaches
Frankfurt – 04/05/20 Headaches Following a sobering economic forecast by the ECB and a renewed intensification of the dispute between the USA and China, the hangover could continue at the beginning of the first week of May. It remains to be seen whether important data from the industry will ease or aggravate investors’ headaches. Besides, 9 of the Dax 30 ...
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Saturday, May 2, 2020
Oil price crash: A rough awakening for ETF investors
The situation in the oil market remains tense. The corona crisis is causing demand to fall further, supply is growing, and storage facilities are gradually becoming scarce. Some private investors, who had hoped to profit through the United States Oil Fund from rising oil prices in the future, are now likely to suffer losses. For some time now, oil prices ...
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Markets Update Thursday 30/04/2020 – The emotional roller-coaster ride continues
Frankfurt – 30/04/20 The emotional roller-coaster ride continues Hopes for economic recovery after the corona crisis gave the stock market a substantial boost in April. Nevertheless, market experts have been warning for weeks against excessive and hasty euphoria. By now it is clear to everyone: the damage caused by the ongoing crisis and the weeks of standstill in the global ...
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Markets Update Wednesday 29/04/2020 – Buy the hype!?
Frankfurt – 29/04/20 Buy the hype!? This afternoon, Remdesivir was once again the magic word at the global places of illusion – also called stock exchanges… New hopes that the drug from the US biotech company Gilead could bring a breakthrough against the common virus caused a lot of hype and fantasy in the afternoon. Many indices gained considerable momentum ...
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Markets Update Tuesday 28/04/2020 – Bad news is good news
Frankfurt 28/04/20 Bad news is good news Despite the dim economic outlook, the announcement of further easing from the shutdown is encouraging many investors. On top of this comes the hope of more and more money injections from the government and the expectation of further supporting measures from the central banks in Europe and the USA, which are meeting this ...
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Friday, May 1, 2020
Markets Update Monday 27/04/2020 – Open up!
Frankfurt – 27/04/20 Open up! Optimism prevailed on the international stock exchanges today. After weeks of stagnation, some countries are cautiously and gradually easing their restrictions in everyday and economic life. For example, more children will soon be able to go back to school or daycare, citizens will be able to do more outdoor sports or visit other people, and ...
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