By Steffen Gosenheimer
Dow Jones-Cut of New Customs Threats is emerging in broad little movement at the beginning of the US shares on Wednesday. At the bond market, the tendency in early business is just alleged, so the returns rise slightly. According to the recent course intentions, the market is likely to go to a waiting mode and see how things develop with the peace negotiations with Russia and Donald Trump’s trade policy with more or less concrete customs threats. There is hardly any impulses to be expected on the economy. The number of US construction work fell more clearly than expected in January, but the building permits were better than estimated.
At the moment, the customs threats seemed to be at least largely dismissed, it is said that Trump is now considering tariffs of 25 percent or more for automobiles, semiconductors and pharmaceutical products. The question of uncertainty is how seriously you should take it. The majority – at least still – would only be noted as a negotiation tactic.
With the individual values, the market is likely to have an eye on Apple, which hardly move in front. The iPhone manufacturer presents new products at 5:00 p.m. CET. Recently, however, such events had hardly ensured stronger reactions in the stock.
Celanese slide 15 percent on Nasdaq.com. The chemical and plastic manufacturer reported a quarterly loss due to the weak demand in the areas of automobile, colors and industry. Arista Networks are almost 5 percent lower, although the cloud networking company reported a quarterly gain and sales of expectations. The sales view was a tick above the consensus. The online dating company Bumble provides disappointment with a weak profit forecast. The course bends by 19 percent.
Occidental petroleum can be binded by 0.7 percent after the identification of a quarterly loss, accompanied by declining sales. Master fire gives up by 3.5 percent. The furniture manufacturer made less profit and sales in the fourth quarter. The house builder Toll Brothers reported profit and sales under the expectations. The share is reduced by 5.8 percent.
With a minus of 3.5 percent, Howard Hughes return a large part of the earnings from the previous day. After the closing date on Tuesday, it became known that Pershing Square had submitted a new offer of over 900 million dollars to increase its participation in the real estate company
Oil prices rise by up to 1 percent. Among other things, the plus is due to the oil supply from Kazakhstan, after a drone attack on a large pumping station in southern Russia, it is said.
US bonds
Duration Rendite BP to VT Rendite VT +/- BP YTD
2 years 4.31 +0.0 4.31 6.6
5 years 4.41 +0.4 4.40 2.7
7 years 4.49 +1.8 4.48 1.5
10 years 4.57 +1.8 4.55 0.0
30 years 4.79 +1.9 4.77 1.3
Last +/- % Wed, 8:06 a.m. Tue, 5:25 p.m. % YTD
EUR/USD 1.0429 -0.2% 1.0456 1.0462 +0.7%
EUR/JPY 158.31 -0.4% 158.56 158.75 -2.8%
EUR/CHF 0.9424 -0.2% 0.9442 0.9435 +0.4%
EUR/GBP 0.8285 +0.2% 0.8286 0.8293 +0.1%
USD/JPY 151.79 -0.2% 151.63 151.75 -3.5%
GBP/USD 1.2588 -0.4% 1.2622 1.2615 +0.6%
USD/CNH (offshore) 7.2883 +0.2% 7.2852 7.2759 -0.6%
Bitcoin
BTC/USD 96,380.75 +1.2% 95,696.40 95,268.45 +1.8%
Rohoel last VT-Settlem. +/- % +/- USD % YTD
WTI/Nymex 72.60 71.85 +1.0% +0.75 +1.9%
Brent/ICE 76.50 75.84 +0.9% +0.66 +2.8%
Gas Vt-Settlem. +/- EUR
Dutch TTF 49.88 49.90 -0.0% -0.02 -0.8%
Metals last the last day +/- % +/- USD % YTD
Gold (spot) 2,940.71 2,935.10 +0.2% +5.61 +12.1%
Silver (spot) 32.92 32.88 +0.1% +0.04 +14.0%
Platinum (spot) 977.90 986.00 -0.8% -8.10 +7.8%
Copper-future 4.60 4.59 +0.2% +0.01 +14.2%
YTD based on the final score of the previous day
Contact with the author: [email protected]
DJG/DJN/GOS/ERR
(End) Dow Jones Newswires
February 19, 2025 08:54 ET (13:54 GMT)