News
gla_wpadmin  

Frankfurt shares outlook: Dax should regain 16,000 points

Wednesday, 01/12/2022 8:21 AM from

dpa-AFX

| Views: 91

The Frankfurt skyline in the afterglow (symbol picture). © jotily / iStock / Getty Images Plus / Getty Images

http://www.gettyimages.de/

FRANKFURT (dpa-AFX) – The Dax should build on its previous day’s gains on Wednesday and regain the psychologically important mark of 16,000 points. The stipulations of the stock exchanges from overseas support: The much-noticed Wall Street index Dow Jones Industrial had gone out of trading at almost the daily high the previous evening. In Asia, the major stock exchanges also rose this morning.

The X-Dax as an indicator for the German leading index signals three quarters of an hour before the start of trading, an increase of 0.7 percent to 16,048 points. The leading Eurozone index EuroStoxx 50 is also expected to make profits.

Since, in addition to the corona pandemic, the prospect of rising interest rates is a latent negative factor for stocks, the focus – apart from the European data on industrial production – is on the data on price developments in the USA in the middle of the week. According to Thomas Altmann, portfolio manager at QC Partners, a further rise in the inflation rate is consensus on the stock exchanges, which also means that it has already been priced in. It is even expected that the annual rate will have a 7 in front of the decimal point for the first time since 1982.

“After 6.8 percent in November, the US inflation rate should reach 7.1 percent in December,” predicts Commerzbank analyst Christoph Balz. The reasons are high energy costs and a strong demand for goods due to the supply bottlenecks.

advertising

Subscribe to more news about Nvidia shares for free

Notice:
ARIVA.DE publishes analyzes, columns and news from various sources in this section. ARIVA.DE AG is not responsible for content that has been recognized by third parties in the “News” area of ​​this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” mark below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Other users were also interested in this article:

Reference-www.ariva.de

Leave A Comment