After the firmer week start, the German stock market gave in on Tuesday. The DAX recently noted 0.5 percent lower at 23,616 points. The MDAX of the medium -sized company lost 0.1 percent to 30,388 points. The EuroZone-Leitex EuroStoxx 50 50 noted unchanged.
The focus is on the US Federal Reserve meeting, which ended on Tuesday and on Wednesday with the interest decision. For this, the retail data from the USA once again give the last economic impulses that are important for the monetary policy scope. Investors firmly assume that the Fed will reduce its key interest rate for the first time this year. Some even consider a large interest rate to be possible by 0.5 percentage points.
“The central bank gets the ball rolling – but how quickly it gets to get ride is deciding inflation and the economy,” said market analyst Maximilian Wienke from Etoro. However, the September meeting itself is decisive, but the signals for the time afterwards. On central bank boss Jerome Powell Lades of enormous pressure, also because of a power struggle with US President Donald Trump (79). In the dispute over the dismissal of FED leader Lisa Cook (61) Trump suffered another setback in court on Tuesday night on Tuesday night.
Banks and insurers at the index end, Rheinmetall with a record
From the industrial perspective, the stocks of the insurers were most asked. The Papers of Munich Re, Hanover Rück, Allianz with winnings from 0.6 to 3.7 percent were among the DAX winners.
In addition, the Rheinmetall share certificates climbed another record high with 1983 euros and recently won 0.9 percent. Confirmed purchase recommendations from Deutsche Bank and the Metzler bank for the armor title could have contributed to this in addition to the continuing beneficial industry trends.
The titles of Beiersdorf suffered from a painted purchase recommendation from the Jefferies analysis house and took over by 1.4 percent. The NIVEA brand struggles with the growth that was important for the consumer goods manufacturer’s share, David Hayes justified its re -evaluation of the share on Tuesday. In addition, hopes for innovations seemed too optimistic in the current half of the year.
Tesla and alphabet drive the Wall Street
Driven by course jumps in the heavyweights Tesla And Alphabet continued the US exchanges on Monday. Investors are the focus this week the expected loosening of US money policy.
The market -wide stock market barometer S&P 500 won 0.5 percent to 6615 points at the beginning of the week. Under the tech values, the Nasdaq 100 went up 0.8 percent to 24,293 points, and the Nasdaq Composite rose 0.9 percent to 22,348 points. All three indices had reached record highs in the course of trade.
The Dow Jones Industrial, on the other hand, is still somewhat away from a maximum. In the end, the leading index increased 0.1 percent to 45,883 points.
Musk’s billion package helps Tesla
Under the best values in the Nasdaq 100, the Tesla shares attracted 3.6 percent to a good $ 410 and thus continued their recent relaxation. At the beginning of April, the shares cost just around $ 220. Like the co-founder and boss of the electric car manufacturer, Elon Musk (54), on September 12, the US ISTPOUNDAGE Authority SEC announced, he bought Tesla shares worth around one billion US dollars.
On the stock exchange, the purchase was seen as a demonstration of confidence for the future of Tesla. Musk insists that robotaxis and humanoid robots for Tesla will play a much larger role over time than the sale of cars.
Alphabet continued their record hunting and ultimately rose by 4.5 percent to almost $ 252. In early trade the Google-Mutter for the first time in terms of market capitalization Crack the three trillion dollar brand. The trigger for this was that the US bank Citigroup had increased its price for the A-shares from 225 to $ 280.
Worry about delivery failures ensure rising oil prices
The crude oil variety from the North Sea was 0.2 percent more expensive to $ 67.59 per barrel (159 liters). The US oil WTI noted 0.3 percent more firmly at $ 63.46.
The oil dealers have possible offer disorders Russia Against the hope of an attractive demand. The Ukraine Has increased your drone attacks on the Russian energy infrastructure, which stirs up from delivery failures. “Tested fears about delivery interruptions from Russia, an important funding country that is responsible for more than 10 percent of worldwide oil production, support oil prices,” wrote the IG market analyst Tony Sycamore in a customer message. In addition, investors look at an expected interest rate reduction of the US Federal Reserve. Lower interest rates could boost the demand for fuel, while a weaker US dollar crude oil for buyers with other currencies.