Course jumps should be seen at the German stock market.
The DAX is expected pre -exchanged with an increase of over five percent and again above the 21,000 points. The day before, he had lost 3.00 percent to 19,670.88 units.
On March 18, the German leading index had reached a new high with a view to the Bundestag vote on the financial package at 23,476.01 points. The DAX ended March 6th at 23,419.48 units – with a new all -time high at the final course basis.
After the Nasdaq indices shot upwards on the evening before, the Dax will now follow around 8 percent to 21,237 points on Thursday, according to the broker’s indication of the broker IG. He would make up for around three quarters of his losses since the customs announcements a week ago and return to his 200-day average lines. From the low since the crash on Monday at 18,489 points, with which all annual profits were gone, he would have recovered 15 percent again.
The markets are responding to the latest developments on the customs front: A customs break announced by US President Donald Trump had already catapulted the US stock markets up on Wednesday. Trump exposed certain tariffs that have just entered into force for 90 days. During the break, a universal duty rate of 10 percent should apply. However, this does not apply to China: Trump increased the tariffs with immediate effect on Chinese imports to a total of 125 percent, but continues to assume an agreement with the People’s Republic: “China wants to make a deal,” said the Republican.
“Crazy situation”
The volatility on the stock market remains extremely high – as well as the range of the US government decisions. After the US President had caused massive price losses with his false flood since last week, he now blows with her 90-day suspension on a recreation rally. “The situation is not chaotic, it is crazy,” commented Carsten Brzeski, chief economist for Germany and Austria of the ING.
China-Zölle come into force
The Chinese counter-duties for US goods also come into force this Thursday. The EU’s tariffs will be effective from next week. You are a reaction to US tariffs imposed about a month ago to steel and aluminum imports.
“After yesterday, it is time to take a sigh of relief,” wrote the chart analyst Marcel Mußler, which is oriented towards the chart. “The crash is missing, at least for the time being.” For the expert, this is “no reason to call out the next housesee in return”. After all, the customs war was not ended, but was only suspended for negotiations. “However, Trump will still not give the Samaritan,” said Mussler’s forecast. “Rather, he will continue to heat the mood with pithy sayings. And the trust in Trump remains destroyed.” The ongoing trade war with China means that it is difficult to calculate.
VW, carmaker and Nordex in view
On the German stock market, Volkswagen (VW) VZMIT is the focus on the company side on Thursday morning. Although the carmaker missed expectations, he sticks to his annual goals. After a three -week descent, a course jump of more than 10 percent is characterized for the shares. According to clear price gains, the similarly battered titles of competitors BMW and Mercedes-Benz also look like.
In addition, the views of the wind turbine manufacturer Nordex are based on the number of orders.
Redaktion finanzen.net / dpa-afx
Image sources: Julian Mezger for Finance Verlag, Aleksandra Gigowska / Shutterstock.com