Wednesday's trading session on the German stock exchange brings moderate declines in the stocks comprising the DAX index. The macro calendar for today's session is rather poor, no less investors will learn about the BoC decision on interest rates. Eurozone GDP was revised upward.
Source: XTB
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app
The swaps market is currently pricing in a near 13% chance of a 75bp rate hike at the ECB's December meeting. Source: Bloomberg
DE30 index chart, D1 interval. The benchmark German blue chips are trading with moderate declines during today's session. Source: xStation 5
Wednesday's session on the German market brings moderate declines in most sectors of the economy. Source: Bloomberg
News:
-
Airbus (AIR.DE) shares lost 2.5% due to the fact that the aircraft manufacturer will not be able to deliver as many new planes this year as planned, and will therefore miss its delivery target, which was lowered over the summer.
-
Weak news from its U.S. competitors lifted K+S (SDF.DE) shares more than 4% lower.
Bank recommendations:
Siemens Energy (ENR.DE) downgraded to "hold" by Kepler Cheuvreux. Target price at €18.
Largest percentage changes of companies included in the DAX index. Source: Bloomberg
The most active stocks in the DAX index (DE30). Source: Bloomberg
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
