STUTTGART (BOERSE STUTTGART GMBH) – Euwax Trends on the Stuttgart Stock Exchange
Investor trends
1.Discount call warrant on gold (WKN VU89KA)
The price of gold is currently reaching record highs and on Monday it cost more than ever before at $2,135. The price is currently being driven by expectations of interest rate cuts in 2024 and a stagnating US dollar. There are also reports that China has been purchasing significant amounts of gold for over a year. After the record high, the price of gold is currently falling slightly to $2,026. A discount call warrant on the precious metal is purchased on Euwax.
2. Call warrant on Spotify (WKN ME1G4A)
In the past quarter, increased user numbers and price increases helped the music streaming provider Spotify get into the black. Nevertheless, CEO Daniel Ek has now announced that around 1,500 jobs will be cut. The Stockholm-based company currently employs 8,400 people. Daniel Ek justifies the move with increased interest rates and slower economic growth, even if this measure seems surprising given the recent good figures. Spotify shares are down 0.2% today at $193.79. Stuttgart investors sell a call warrant on the streaming service.
3. Knock-out put on DAX (WKN MA7KJK)
The DAX remains stable, but is making slow progress in a market environment that is rather poor in news. In the morning, the leading German index reached its provisional daily high of 16,465 points, after ending the previous day at 16,404 points. In Stuttgart, knockouts on the DAX are very popular, with a put at the top.
Euwax Sentiment Index
The DAX continues to hold steady above 16,400 points and does not lose sight of its record high of 16,528 points. At midday the stock barometer was trading at 16,420 points, 0.1% higher than the previous day. The mood among investors brightens as trading progresses. The Euwax sentiment climbs from negative territory to positive territory and is currently showing +12 points.
Stuttgart Stock Exchange on YouTube
Bright prospects for gold & silver? Not quite…
Gold and silver are traditionally very popular with investors. But how much room for improvement is still left after the recent rise? Assessments by Kemal Bagci, derivatives expert at BNP Paribas, who also reveals how investors can participate in sideways movements.
Watch the video at the following link: https://www.youtube.com/watch?v=h5igMT8FDuI
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Source: Boerse Stuttgart GmbH, www.boerse-stuttgart.de
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