Quick overview of Dpa-AFX Borsentag: Expect slight price losses.

15/7/2024,

SMALL LOSSES: Following Dax's chart breakout on Friday, there was insufficient purchasing activity early in the week. Approximately two and a half hours before the Xetra start, on Monday morning, broker IG rated the leading German index 0.3 per cent down at 18,697 points. With the US indices off to a solid start, it reached its highest level since early June on Friday. Additionally, it defied the correction trend that had persisted since mid-May, when the record high of 18,892 points was reached.

In chart terms, the path to its previous high is now clear. Meanwhile, rather weak economic data came from China in the morning. The economy is losing momentum and retail trade data was disappointing. Meanwhile, Bitcoin rose significantly following the assassination attempt on Donald Trump. The ex-president's chances of winning another election in the US have probably increased after the attack.

USA: - GAINS - Continued hopes of interest rate cuts following fresh economic data put Wall Street in a record mood again on Friday. For the first time since May, the Dow Jones Industrial benchmark index also took part in the hunt for new highs. The broad-based S&P 500 also reached a record high. The most important technology indices rose somewhat after suffering from profit-taking the previous day. However, the momentum was not enough to reach new highs this time. The Dow closed 0.62 per cent higher at 40,000.90 points. For the week as a whole, this represents a gain of 1.59 per cent.

ASIA: - UNIFORM - The most important stock markets in Asia had a mixed start to the week. The CSI 300, which includes the most important stocks on the Shanghai and Shenzhen stock exchanges, recently rose by 0.2 per cent. In Hong Kong, however, the Hang Seng Index lost 1.4 per cent. According to the latest data, China's economy is losing momentum. The second-largest economy grew by 4.7 per cent in the second quarter. This is less than most analysts had expected. In Japan, meanwhile, trading on the stock markets was suspended on Monday due to a public holiday.

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DAX 18748.18 1.15%
XDAX 18717.68 1.13%
EuroSTOXX 50 5043.02 1.34%
Stoxx50 4577.60 1.07%
DJIA 40000.90 0.62%
S&P 500 5615.35 0.55%
NASDAQ 100 20331.49 0.59%°
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BONDS / FOREIGN EXCHANGE / CRUDE OIL
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YIELDS:
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Bund future 131.48 -0.25%°
DEVICES:
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Euro/USD 1.0893 -0.12%
USD/Yen 157.98 0.09%
Euro/Yen 172.10 -0.03%°
COMMODITY OIL:
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Brent 85.17 0.14 USD
WTI 82.41 0.20 USD°