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Börse Express – ROUNDUP / European stocks Conclusion: US-Iran crisis continues to push prices higher

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The increasing tensions between the United States
and Iran quoted on European stock markets on
Monday pressed further. Instead of focusing on stocks
Investors on certain commodities like gold or safe currencies
like the Swiss franc as the supposedly safe in crises
Asset classes.

The EuroStoxx 50 ended the first trading day of the
new week 0.55 percent lower at 3752.52 points after ending on
Morning slipped even more towards the 3700 mark
was. In Paris it went for the Cac 40 by 0.51 percent
down to 6013.59 counters. The London FTSE 100 gave
by 0.62 percent after to 7575.34 points.

Iran had vowed vengeance for the Iranian general’s death
Ghassem Soleimani in Baghdad, the best known face of the
Iranian military abroad was considered by many compatriots
Hero is considered. The US had targeted the killing
known. For his part, US President Donald Trump warned the leadership in
Tehran before taking appropriate steps and threatened attacks
Iranian cultural sites. The government in Tehran also sees itself
no longer committed to the Vienna Atomic Energy Agreement of 2015.

“Safety first” was the motto of the investors, said
Analyst Craig Erlam from currency trader Oanda. And
CMC Markets analyst Michael Hewson wrote that they should now
ask the question of whether the market continues to decline or whether this is the case
an appropriate time for cheap purchases. In this
He also referred to the first partial agreement between the
USA and China to be signed in mid-January and so
mitigate the great uncertainty factor trade war for the time being
could.

Cyclically sensitive industries such as car stocks, chemical companies, banks
and tech companies as well as the travel and leisure sectors had on Monday
checking. So the chip values ​​went downhill significantly
the Dutch ASML as taillight in
EuroStoxx 50. The shares lost 1.81 percent. Last made here
Media reports the round after which the US government opposes one
Technology delivery from the Netherlands to Chinese customers
stemme.

Chemical giants BASF also ended up in the rear
and Bayer at a discount of 1.49
or 1.16 percent. Also airline papers
showed themselves weak.

Oil stocks, on the other hand, were winners in view of the more attractive trend
Oil prices in the wake of the US-Iran crisis. They won in the Eurostoxx50
Italian Eni shares 1.49 percent. At the
Index top moved Nokia by 2.74 percent. The
Analysis house Raymond James had the papers from the network supplier
upgraded to “Strong Buy” from “Outperform” /ajx/he

 ISIN  GB0001383545  FR0003500008  EU0009658145  EU0009658160

AXC0196 2020-01-06 / 18:34

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