FRANKFURT (dpa-AFX) – Ahead of the inflation data from the USA, investors are holding back on German stocks on Wednesday. There is therefore likely to be little change in the DAX at the start: An hour before the Xetra opening, the The Eurozone index EuroStoxx was also expected to be slightly positive in the morning.
In the afternoon, an hour before the start of US stock trading, the important consumer prices from the United States are on the agenda. Against this background, the impulses that came from the leading stock exchanges in New York the evening before were muted. A mix of interest rate and tariff concerns persists in the minds of investors.
Against this background, UBS expects that there will continue to be fluctuations on the stock markets in the coming weeks and months – either due to current economic signals or due to news about the policies of Donald Trump, who will take office for the second time next Monday. President takes over. In general, the trend remains favorable for stocks because the strength of the US economy remains a supporting factor for the growth of corporate profits. This could become apparent on Wednesday when US banks start the reporting season.
As Commerzbank wrote in the morning, “all eyes will be on inflation” in the middle of the week in order to be able to assess the development of consumer prices in the USA more closely. “Our economists are assuming that the December data will not signal a clear easing on the price front,” said expert Antje Praefcke this morning. On the way to the 2 percent target, the “last mile” of inflation ultimately proved to be tough.
On the corporate side, Bayer could be worth a look on Wednesday, as there was the next setback in lawsuits related to the chemical PCB in a court in Washington state. The stockbroker also mentioned optimistic-sounding statements by pharmaceutical boss Stefan Oelrich about his business in the “Handelsblatt”.
Nordex (Nordex) rose slightly premarket following further statements on order development. After various country-specific reports on incoming orders in the past few days, the wind turbine manufacturer has now provided an overall overview. Accordingly, significantly more new business was attracted in the fourth quarter.
An important topic also remains the opinions of investment experts who are currently rearranging their recommendations for 2025. Goldman Sachs issued a purchase recommendation for the used car dealer AUTO1. Although these were already the best value in the MDAX in 2024, the potential is still underestimated, argued analyst James Tate.
The shares of Ströer (Ströer SECo), which were upgraded to “Overweight” by JPMorgan, also traded higher premarket. Analyst Marcus Diebel sees the increasing takeover activity in the outdoor advertising sector as a turning signal for a sector that has been neglected by investors. Ströer’s share price was recently boosted by the fact that the company was considering selling its core business./tih/mis