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Dax expected to open lower | message


Frankfurt (Reuters) – On Wednesday, the Dax will start lower according to calculations by banks and brokerage houses.

On Tuesday it was 0.6 percent firmer at 12,906.02 points.

After US President Donald Trump stopped negotiations on a new corona aid package, Wall Street had already slipped into the red. The coronavirus-infected Trump announced the day after he was released from the hospital that no further support measures would be negotiated with the Democrats before the presidential election on November 3. The hope of further help had provided a tailwind on the stock exchanges in those days.

The prospect of a long period of ultra-loose monetary policy also recently supported prices. In this context, investors should take a look at the upcoming data on incoming orders. However, experts do not expect major movements in the market: “In this expectation-driven market environment, there is apparently no real reason for the majority of investors to sell shares,” said Jochen Stanzl, chief market analyst at the brokerage firm AxiTrader.

Closing prices of European indices as of

on the previous trading day

Dax 12,906.02

Dax future 12,839.00

EuroStoxx50 3,233.30

EuroStoxx50 future 3,210.00

Closing prices of the US indices at the level change

previous trading day

Dow Jones 27,772.76 -1.3 percent

Nasdaq 11,154.60 -1.6 percent

S&P 500 3,360.95 -1.4 percent

Asian indices on Wednesday stood change

Nikkei 23,391.61 -0.2 percent

Shanghai No trade

Hang Seng 24,118.92 +0.6 percent

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