Markets Update Friday 26/11/2021 – The Next Corona Slump

Frankfurt – 26/11/2021 The Next Corona Slump On Black Friday of all days, stock markets worldwide were caught up in renewed fears about the corona crisis and faltered badly. The reason for today’s sharp decline was that it was reported that a new, possibly dangerous, Corona variant with the designation B.1.1.529 has emerged in southern Africa. Meanwhile, a first case ...

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Markets Update Thursday 25/11/2021 – Rest

Frankfurt – 25/11/2021 Rest Investors remain torn – between a further increase in corona positive figures and the opportunity for favorable entry prices. Accordingly, the German stock market was also nervous today. After five days of losses in a row, the Dax closed in the black for the first time. However, turnover was quite thin due to the closed Wall ...

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Stock Take 24/11/2021

Gap issues sales warning US fashion chain Gap is expecting a sharp drop in sales due to global supply chain problems. Gap warned on Tuesday after the US stock market closed that it was facing a weaker Christmas season due to the ongoing difficulties and could lose a total of up to 650 million dollars in revenue this year. In ...

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Markets Update Wednesday 24/11/2021 – Minutes

Frankfurt – 24/11/2021 Minutes On the New York Stock Exchange, investors kept a low profile despite a plethora of new economic data. The overall activity was meagre before the holiday break. The US markets will be shut tomorrow for the Thanksgiving holiday. Things will get exciting on the following bridge day, Friday. This so-called “Black Friday” is considered the official ...

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Markets Update Tuesday 23/11/2021 – It’s Getting Colder

Frankfurt – 23/11/2021 It’s Getting Colder The prospect of a more rapid tightening of US monetary policy dominated trading on Wall Street today, causing caution among investors in the technology segment in particular. Yesterday, investors had already exited the market on a larger scale, especially in late trading, following President Joe Biden’s nomination of Jerome Powell for another term as ...

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Stock Take 19/11/2021

LG share jumps up by double digits According to a media report, Apple is set to accelerate plans for its electric car, boosting shares of supplier LG Electronics on Friday. Bloomberg reported Apple is aiming to launch a self-driving electric car as early as 2025. LG Electronics shares climbed as much as 12 per cent to 137,500 Korean won before ...

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Markets Update Friday 19/11/2021 – Lockdowned

Frankfurt- 19/11/2021 Lockdowned  The US stock markets did not find a clear direction at the end of the week. Corona concerns split over and weighed on the blue chips while tech stocks continued their record run. Tech stocks were driven both by some good corporate news and by the continued favorable environment. For example, the US Federal Reserve wants to ...

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Markets Update Thursday 18/11/2021 – New Highs

Frankfurt – 18/11/2021 New Highs Some heavyweights from the tech sector made a splash on Wall Street today, saving the day for the rest of the stock market. Otherwise, it would have been a rather dull trading day. In Germany, the DAX marked its sixth record high in a row today with impressive stoicism. It went up to 16,290 points ...

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Markets Update Wednesday 17/11/2021 – Supply Shocks

Frankfurt – 17/11/2021 Supply Shocks After surprisingly good economic data, concerns are growing in the USA about an interest rate hike next year.  Strong retail sales are adding to speculation of an interest rate turnaround in the US soon. “The good news for investors is that aggregate demand appears to be weathering the inflation hike so far,” Bank of America ...

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Markets Udapte Tuesday 16/11/2021 – US-China Hugs

Frankfurt – 16/11/2021 US-China Hugs In New York, investors piled into the stock market today, rewarding strong economic momentum. The improved US relationship with China also went down well with investors. There are several reasons for the relatively better performance of the DAX and the other European markets. Unlike in the USA, the party of cheap central bank money continues ...

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Stock Take 15/11/2021

US government approves billion-dollar merger of S&P and IHS The US Department of Justice’s antitrust watchdogs has approved the roughly $44 billion takeover bid of financial data provider IHS Markit by rival S&P Global. However, the mega-deal may only occur under strict conditions due to competition concerns, the department announced in Washington on Friday. These include the spin-off of three ...

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Markets Update Monday 15/11/2021 – A Slow Start

Frankfurt – 15/11/2021 A Slow Start This also happens on Wall Street – hardly any movement in the major indices and thus a restrained start to the week. Nevertheless, it was exciting, with two heavyweights in particular in focus. Even on a quiet trading day like today, heavyweights like e-car maker Tesla and aircraft manufacturer Boeing made headlines. In the ...

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Markets Update Friday 12/11/2021 – No Time for Concern

Frankfurt – 12/11/2021 No Time for Concern Tailwinds for the markets came today from falling interest rate fears triggered by weak economic data. The recent rapid rise in prices is having a serious impact on the mood of consumers in the USA.  According to preliminary results, consumers assessed their current situation worse than recently. Expectations for the coming months also ...

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Stock Take 10/11/2021

Coinbase disappoints with turnover Crypto exchange Coinbase has presented its financial statements for the third fiscal quarter. For the crypto exchange Coinbase, the third fiscal quarter of 2021 ended with earnings per share of 1.62 US dollars. The expert estimates had amounted to 1.561 US dollars in advance. In the previous quarter, the EPS was still 6.42 US dollars. Meanwhile, ...

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Markets Update Thursday 11/11/2021 – Inflationshock Aftermath

Frankfurt – 11/11/2021 Inflationshock Aftermath The interest rate outlook in the USA remains a topic on the market after the latest high inflation data. The accelerated rise in prices in America had weighed on investor sentiment the day before. US stock markets only partially recovered today from the previous day’s inflation shock, but tech stocks, in particular, were in demand ...

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Markets Update Wednesday 10/11/2021 – Inflation sinks Stocks

Frankfurt – 10/11/2021 Inflation sinks Stocks After the publication of the latest price data in the USA, investors withdrew from the markets for the time being. The record-breaking streak on the New York Stock Exchange has thus come to an end for the time being. In concrete terms, producer prices in the USA rose by 8.6 per cent in October ...

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Markets Update Friday 05/11/2021 – Workforce

Frankfurt – 05/11/2021 Workforce An exciting stock market week they ended in New York as it had begun – with price gains and records. The DAX also remained on the upswing and set new records. The New York stock exchange continued to rise at the end of the week. All major indices set new records but were unable to maintain ...

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Market Update Thursday 04/11/2021 – How much longer?

Frankfurt – 04/11/2021 How much longer? The Federal Reserve’s (Fed) only moderate curtailment of securities purchases continued to drive Wall Street today, even if the Dow Jones benchmark index lagged behind.  Otherwise, however, the mood on Wall Street remained buoyant – except for the Dow, all other major stock indices set new records today. Investors celebrated, in particular, yesterday’s interest ...

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Stock Take 04/11/2021

Peloton share slumps in after trading hours Peloton Interactive generated revenue of 805.2 million US dollars in the first quarter of the 2022 fiscal year. By comparison, revenue-wise, US$757.9 million was on the books in the corresponding quarter of 2020. On average, experts had expected 808.7 million US dollars for the past quarter. The loss per share widened from 0.20 ...

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Markets Update Wednesday 03/11/2021 – A Sigh of Relief

Frankfurt – 03/11/2021 A Sigh of Relief Wall Street reacted to the eagerly awaited interest rate decision of the US Federal Reserve with price gains. This is because the monetary change that has now been set was expected and is taking place cautiously. As expected, the Fed announced that it was beginning to exit its ultra-expensive monetary policy in the ...

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Stock Take 02/11/2021

Lyft share in demand after trading hours Uber competitor Lyft has reported revenues of 864.4 million US dollars for the third quarter of 2021, while analysts had expected 862.4 million US dollars. In the corresponding quarter of the previous year, Lyft had posted revenues of 499.7 million US dollars. The loss per share was 0.21 US dollars, after a discount ...

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Markets Update Tuesday 02/11/2021 – The Fed End?

Frankfurt – 02/11/2021 The Fed End? The US stock markets have continued their winning streak one day before the Fed’s interest rate decision. Tesla once again caused a stir among investors, but this time not in the most positive of ways. Statistically, the month of November marked the start of the six best stock market months, a development often also ...

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Markets Update Monday 01/11/2021

The US equity markets were robust in the run-up to the Federal Reserve’s interest rate meeting. The indices reached new highs today and maintained their gains. Stock exchange experts explained investors’ good mood, among other things, with confident statements by US Treasury Secretary Janet Yellen regarding the economic recovery from the Corona crisis. Another mood booster today was the trade ...

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