The first trading session on European markets this week brings mixed sentiment. The DE30 is trading just above the dash and pricing in today's Eurozone inflation data. EMU inflation came in well above expectations, GDP growth is slowing.
Inflation:
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Reading: 10.7% YoY(expected 10.2% YoY; previous: 9.9% YoY)
Monthly inflation: 1.5% MoM (previous: 1.2% MoM)
Core inflation: 5.0% YoY (expected: 4.8% YoY; previous: 4.8% YoY)
GDP:
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Reading: 0.2% QoQ (expected: 0.1% QoQ ; previous: 0.8% QoQ )
GDP annualized reading: 2.1% YoY (previous: 4.1% YoY)
The swap market is currently pricing in a near 54% chance of a 75bp rate hike at the ECB's December meeting. Source: Bloomberg
DE30 index chart, D1 interval. Benchmark German blue chips are trading at mixed levels today. Source: xStation 5
Wednesday's German market session brings lower valuations for most economic sectors. Source: Bloomberg
News:
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Shop Apotheke (SAE.DE) shares are gaining after confirming earnings forecasts for 2022.
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Despite lowered forecasts due to tough economic conditions, Fresenius (FRE.DE) shares gain more than 5%. Investors had expected the publication of weak results, and today's rally may be the materialization of buying facts.
Bank recommendations:
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BASF (BAS.DE) upgraded to "buy" by Deutsche Bank. Target price at 60 euros.
Changes in institutional holdings in individual companies of the DAX index (data from the last session). Source: Bloomberg
The largest percentage changes in the companies included in the DAX index. Source: Bloomberg
The most active stocks in the DAX index (DE30). Source: Bloomberg
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Morning wrap (29.10.2025)
