A first agreement in the debt dispute between Republicans and Democrats in the USA has been reached. The US futures and thus also the DAX got off to a strong start in the new week. On Whit Monday, the news situation is otherwise very thin. We will first report on the course of the previous week and already draw a first conclusion on the stock market month of May.
Overshadowed by a possible US default, financial stocks were cautious last week. Today, Commerzbank and Deutsche Bank are increasing accordingly. Lessons were also learned from the last financial scandals and further risk precautions were taken. Is this enough to be well positioned even in a recession? Andreas Bernstein is discussing this with our dealer Marcel today.
The football championship in Germany, which was decided on the last day and almost in the last few minutes, was also exciting. FC Bayern München became champions again, BVB didn’t manage to generate enough points with a draw. The shares are correspondingly weak today and are recording a discount of around 30 percent. We present positive and negative aspects of this event from the perspective of the financial sector.
There was also further news for Volkswagen from the USA. Another penalty payment as “legacy” of the diesel scandal was ordered by a court. Does that mean the topic is off the table and what is the current ecological balance in Germany?
With a look at other quarterly figures of the week and the dates of today and Tuesday you have a comprehensive view of today’s trading day.
Come well informed with TRADERS´ media GmbH and the LS Exchange through the trading day.