The oil and bond markets will likely continue to keep investors busy. In addition, there is likely to be another decisive stimulus in the new trading week.
Price table of the Frankfurt Stock Exchange. Photo: Handelsblatt
Dusseldorf. The new stock market week will show whether the leading German index can maintain the 25,000 point mark, which has been shaky again since the beginning of October. On Friday, the leading German index closed 1.1 percent higher at 25,087 points. Early on Monday morning, the Dax was once again in positive territory on over-the-counter trading platforms.
It only fell below 25,000 points on Thursday and temporarily reached its lowest level since July 23rd.
Developments on the bond and oil markets are likely to influence the mood on the German stock market again in the new week. Over the course of the trading week, the start of the US reporting season will provide another impetus for the direction of the Dax.
The focus is on the quarterly results of large banks. Analysts say investors particularly want to know how the recent sharp rise in bond yields will affect acquisitions, lending and refinancing costs. Four of the six largest US financial institutions, JPMorgan, Goldman Sachs, Citigroup and Wells Fargo, will present their results on Tuesday. The financial figures from Morgan Stanley and Bank of America will follow on Wednesday.
On Monday, investors will be paying particular attention to the automotive industry. The Paris Motor Show is taking place in France and the car manufacturer Volkswagen is publishing sales figures for the third quarter today.
1 – Stock exchanges in New York: Dow Jones, S&P 500 and Nasdaq
Slightly falling oil prices and easing concerns about the sustainability of the investment boom in artificial intelligence (AI) helped US stock markets gain a pulse on Friday. Declining geopolitical tensions in the Middle East brightened investor sentiment, and the most important indices ended the weekend with gains.
US stock exchanges
Tech stocks recover after new AI scare – Wall Street closes in positive territory
The Dow Jones of standard stocks gains a good 0.8 percent and rises to 51,654 points.
The broader S&P 500 closed 0.6 percent higher at 7,811 points.
The Nasdaq technology exchange ended trading 0.6 percent higher at 27,366 points.
The Nasdaq 100, a reflection of the 100 non-financial companies with the highest market capitalization, closed 0.5 percent higher at 30,883 points.
2 – Stock exchanges in Asia
The Asian stock markets barely moved at the start of the week given the approaching US reporting season and geopolitical uncertainties.
The Shanghai Stock Exchange barely moved on Monday and remained almost unchanged at 3,810.
The index of major companies in Shanghai and Shenzhen was also unchanged at 4,312 points.
However, there was no trading on the Japanese stock exchange due to the holiday.
Investors also noticeably held back on the other Asian trading venues.
Asian markets
Asia's stock markets are stagnating - oil prices are falling
3 – IMF Annual Meeting
The seven-day annual meeting of the International Monetary Fund (IMF) and the World Bank begins in Bangkok. The meeting of finance ministers and central bankers from all over the world is overshadowed by conflicts in the Middle East, an energy price shock and rising interest rates worldwide. These factors together pose risks to the already sluggish global economic growth. Also on the agenda for discussions is the high level of public debt in some countries, which is driving up yields and having an impact on financial stability. The economic consequences of artificial intelligence are also coming into focus.
4 – Paris Motor Show
At the industry trade fair in Paris, a showdown between European and Chinese car manufacturers is emerging. With a record number of 20 brands from the People's Republic, including BYD and Chery, the Chinese presence will double compared to the previous trade fair in 2024. Domestic manufacturers want to prove their competitiveness by introducing new, more affordable electric models.
5 – Volkswagen
Europe's largest car manufacturer presents its sales figures for the third quarter. Volkswagen is currently suffering in particular from the collapse of the Chinese market, which was its most important source of income for years. Added to this is the tough competition from Chinese providers on the European home market.
Appointments company
7:00 a.m., Germany: Nordex, Q3 order intake
11:00 a.m., Germany: Volkswagen, sales Q3/26
5:45 p.m., France: LVMH, Q3 sales
Germany: Porsche AG, pre-close call Q3
• France: L’Oréal, extraordinary general meeting
Related topics
DaxGermanyIWFDow JonesFranceNASDAQ
Dates economic situation
06:30 a.m., Netherlands: Trade balance 8/26
07:00 a.m., Spain: Trade balance 8/26
With agency material.
More: “The destruction process begins at six percent” – What lies ahead for the world after the interest rate shock
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