By Steffen Gosenheimer
Dow Jones-the European stock exchanges will be inconsistent on Monday in early trade. The DAX gives 0.2 percent to 24,115 points, the Euro Stoxx-50 steps on the spot. The euro tends sideways under fluctuations, the returns on the bond market give in a bit.
There are no new fuels from the customs front. However, many actors are likely to keep an eye on the grace period for China, which expires on Tuesday. The majority, however, are expected that both sides will agree on an extension and will negotiate. While China comes to the USA from China to loosen the restrictions on US chip exports, the Trump government with the chip manufacturers Nvidia and AMD seems to have negotiated a deal. Accordingly, these chips can sell to China if they cede 15 percent of the sales achieved with China to the Trump government. With the European semiconductor values, there are initially no striking price movements.
There is a reluctance to report that new US consumer prices will be reported on Tuesday. The question is whether and how strongly the trump punitive tariffs against the rest of the world are reflected in inflation. If inflation deviates more closely up, this would give the recently lived out and the share prices that drive the stock prices a dampers.
In view, the markets have the geopolitics with the summit between Trump and Putin on Friday in Alaska, after the speculation on an armistice and reconstruction of Ukraine had recently provided price gains for construction and steel values.
Against this background, armor shares are weak. The momentum of the investments in the sector could decrease if the summit was to produce concrete results. Renk and Rheinmetall fall by 3.0 and 4.1 percent, Hensoldt by 0.7 percent. BAE Systems decreased by 1.2 percent by 1.2 percent by 1.7 percent.
Pharmaceuticals are recovered, the Stoxx industry index increases by 1.1 percent. In the previous week, the courses had been under pressure with the Trump threat of lifting tariffs of up to 250 percent and reducing their US prices with the request to 17 pharmaceutical companies. Novo Nordisk increased by another 3.1 percent after Eli Lilly study data of a competitive product for the weight buyer Wegovy recently disappointed.
A capital increase of Orsted over the equivalent of around 8 billion euros ensures Duck on the courses of wind energy stocks. Orstedt rustle into the basement by almost 30 percent. The Danes need the money, especially to clean up problems with US offshore systems. Vestas lose 4.6 and Nordex 2.8 percent in the pull.
Salzgitter has presented final figures on the corporate side. The steel manufacturer also enlarged its loss in the second quarter. The stock tends little. Hypoport has confirmed its annual outlook with the publication of the final figures for the first half of the year. The real estate financier’s course loses 4.6 percent.
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last +/- % absolutely +/- % ytd
Euro-stoxx-50 5,348.91 +0.0% 1.17 +9.2%
Stoxx-50 4,496.12 +0.4% 18.65 +3.9%
DAX 24,115.36 -0.2% -47.50 +21.4%
MDax 31,401.96 -0.3% -91.45 +23.1%
TECDAX 3,776.36 +0.0% 0.99 +10.5%
SDAX 17,337.65 -0.3% -57.27 +26.9%
CAC 7,739.79 -0.0% -3.21 +4.9%
SMI 11,947.71 +0.7% 80.86 +2.3%
ATX 4,714.23 -0.1% -6.60 +28.9%
Last +/- % 0:00 Fri, 17:13 % YTD
EUR/USD 1.1651 +0.0% 1.1649 1.1660 +12.4%
EUR/JPY 171.73 -0.1% 171.98 172.27 +5.6%
EUR/CHF 0.9412 +0.1% 0.9407 0.9413 +0.2%
EUR/GBP 0.8662 -0.1% 0.8667 0.8671 +4.7%
USD/JPY 147.40 -0.2% 147.64 147.73 -6.1%
GBP/USD 1.3451 +0.1% 1.3441 1.3448 +7.4%
USD/CNY 7.1345 -0.0% 7.1371 7.1401 -1.0%
USD/CNH 7.1864 -0.0% 7.1891 7.1904 -2.0%
From/USD 0.6517 -0.1% 0.6521 0.6529 +5.4%
Bitcoin/USD 121,750.70 +2.6% 118,700.00 116,234.00 +23.2%
Row oil last VT-Settlem. +/- % +/- USD % YTD
WTI/Nymex 63.35 63.88 -0.8% -0.53 -11.9%
Brent/ICE 66.11 66.59 -0.7% -0.48 -11.4%
Metals last the last day +/- % +/- USD % YTD
Gold 3,359.59 3,399.16 -1.2% -39.58 +29.5%
Silver 32.38 32.94 -1.7% -0.56 +18.1%
Platin 1,129,24 1,145.14 -1.4% -15.90 +30.8%
Copper 4.45 4.47 -0.6% -0.03 +8.2%
YTD based on the final score of the previous day
(Information provided without guarantee)
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DJG/GOS/ROS
(End) Dow Jones Newswires
August 11, 2025 04:24 ET (08:24 GMT)