Saturday, 20 August 2016
Around 250 points has lost last week of Dax. What happens next? Stockbrokers will be based on economic data. The major driver of the markets remains, the interest rate debate -. Always our utmost for interpretation ready
After the record flood of companies abates, investors will take fresh economic data and statements by central bankers under the microscope in the next week.
“The driver for the stock markets will be how to proceed with the interest “says economist Carsten Klude of MM Warburg. Stock brokers have differed as to whether the correction of the old week continues or whether the economic data sufficient to bring the Dax to new heights. the leading index had reached an annual high of 10,802 points on Monday, it went downhill around 250 points during the week. By Friday afternoon, the Dax lost on weekly view 1.6 percent.
The start making Tuesday the barometer of purchasing managers from Germany, France, the euro zone and the US. The preliminary figures refer to August and will therefore provide an overview of the economic situation after the anti-EU vote of the British. Analysts at Commerzbank are confident that the data support the positive mood in the economy. “It is becoming increasingly clear that the concerns of many of Proposed referendum on United Kingdom membership of the European Union were probably exaggerated,” said Commerzbank economist Marco Wagner.
DZ-Bank expert Matthias Schupeta holds but on the other hand, the positive climate will far mainly supported by the German economy. In countries such as Italy, Spain, France and Greece already had a marked deterioration of the economic situation observed.
View of the German economy
What exactly is it ordered to the economy in Germany shows on Thursday the Ifo business climate Index for August. “In the short term cyclical threaten any negative surprises,” said Helaba analyst Claudia Windt. In the index, are surveyed for the monthly 7,000 managers, experts expect a slight increase to 108.5 from 108.3 meters.
to close out the week focuses on the US economy more in the foreground with the second estimate of GDP. was exciting, especially the extent to which the growth of 1.2 percent will be revised according to the first projection upward, says Merck Finck-Chief Strategist Robert Greil. Notes on the situation in the manufacturing sector of the US economy deliver on Thursday the new orders of durable goods . Data can fuel the speculation about a rate hike by the US Federal Reserve. And although experts are not so easily that the Fed is already at its next meeting in September applicable. The voices for an early step multiply among the central bankers but increasingly.More about
Notes on the price of Fed hope for investors and the annual meeting of central bankers in Jackson Hole where Fed chief Janet Yellen on Friday giving a speech. “We expect a rate hike in December, because then knows the Fed, GDP growth in the third quarter, which should be satisfactory again,” said Commerzbank expert Christoph Balz.
Showdown at Stada
Stada shareholders is a nerve-wracking AGM before on Friday. The intention of the investor’s active ownership they should vote for the deselection of Supervisory Board Chairman Martin Evening. It urges drastic changes in the Hessian pharmaceutical companies for months. The longtime CEO Hartmut Retzlaff resigned a few days ago down.