Indices in this article
The evening market overview compiled by Dow Jones Newswires:
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+++++ HOLIDAY NOTICE +++++
FRIDAY: In Sweden and Finland the stock exchanges were closed because of the midsummer festival.
+++++ STOCK MARKETS (6.30 p.m.) +++++
INDEX Stand +-% +-% YTD
EuroStoxx50 4.120,66 -0,04% +15,99%
Stoxx50 3.545,17 +0,06% +14,05%
DAX 15.607,97 +0,12% +13,77%
FTSE 7,136.07 + 0.37% + 10.05%
CAC 6,622.87 -0.12% +19.30%
DJIA 34,440,56 + 0.71% + 12.53%
S&P-500 4.278,51 +0,28% +13,91%
Nasdaq-Comp. 14.364,08 -0,04% +11,45%
Nasdaq-100 14.351,52 -0,10% +11,35%
Nikkei-225 29.066,18 +0,66% +5,91%
EUREX Stand +-Ticks
Bund-Future 171,77 -50
+++++ RAW MATERIAL MARKETS +++++
ROHOEL zuletzt VT-Settl. +/- % +/- USD % YTD
WTI/Nymex 74,07 73,30 +1,05% 0,77 +53,1%
Brent/ICE 76,01 75,56 +0,60% 0,45 +48,3%
METALS last previous day +/-% +/- USD% YTD
Gold (Spot) 1.778,79 1.775,48 +0,19% +3,31 -6,3%
Silver (spot) 26.04 25.98 + 0.24% +0.06 -1.4%
Platinum (Spot) 1,105.45 1,096.25 +0.84% +9.20 +3.3%
Kupfer-Future 4,29 4,31 -0,43% -0,02 +21,7%
The gold price is stabilizing somewhat at $ 1,787 an ounce. The oil prices tend to be firmer. Speculations about the next steps the OPEC + group will take lead to an increase in funding. It is said that this should not cover the increasing demand.
+++++ USA FINANCIAL MARKET +++++
Friendly – The US stock market is heading for its best weekly result in over two months. Market participants cite US consumer sentiment as an example of improving data. Because according to the revision, it brightened more clearly than expected in June. At the same time, consumer inflation expectations fell. The overriding question about the timing of monetary tightening is once again not answered by current inflation data. The PCE deflator, which is primarily used by the Fed to determine inflation, picked up and in the core calculation climbed more clearly above the 3 percent mark in May. Overall, the key figure rose by 3.9 percent for the year and posted the highest increase since 2008. However, for the year and month, inflation was much weaker than expected. Traders see no immediate pressure on the Fed to act in the data, especially since personal expenses were lower than expected.
Nike’s strong fourth-quarter figures will be celebrated with a fireworks display. The share makes a good 13.9 percent upward. The online marketplace Ebay wants to increase the share buybacks planned for this year. The share gains 1.4 percent. The IT service provider Synnex increased profits and sales significantly compared to the previous year, but the price is trending 0.9 percent lower. The company announced lower sales for the current quarter. Progress Software are 1.6 percent weaker according to the quarterly report.
+++++ FINANCIAL MARKETS EUROPE +++++
Hardly changed – some pressure on the markets came from the auto and travel sectors. The business was described as calm overall. “Suzuki warns that the supply bottlenecks for semiconductors could last for a long time,” said one dealer. Daimler, BMW and VW lost up to 1.4 percent. Cars gave way on average by 0.7 percent. With a plus of 0.6 percent, the banking sector was doing quite well in the market. All institutes would have passed the most recent US stress test. Deutsche Bank shares gained 0.9 percent. Vallourec fell sharply by 8.6 percent to 8.22 euros. The reason was a capital increase. After good Nike figures, Adidas (+ 6.4%) and Puma (+ 2%) went up. In contrast, Deutsche Post (-0.9%) fell after a weak Fedex outlook. Hornbach Holding’s share price rose by a good 19 percent. The company now thinks that, in the best case scenario, EBIT could reach the previous year’s result again, after previously assuming a significant decline. Bike24 recorded a rather poor breakdown. The closing price was 15.30 and thus only slightly above the issue price of 15 euros. This was at the lower end of the original range between 15 and 19 euros.
+++++ FOREIGN EXCHANGE +++++
Forex last +/-% Wed, 8:46 Tue, 5:11 pm% YTD
EUR/USD 1,1939 +0,07% 1,1934 1,1905 -2,3%
EUR/JPY 132,27 +0,00% 132,30 131,84 +4,9%
EUR/CHF 1,0956 +0,03% 1,0961 1,0952 +1,4%
EUR/GBP 0,8591 +0,24% 0,8552 0,8549 -3,8%
USD/JPY 110,80 -0,06% 110,79 110,74 +7,3%
GBP/USD 1,3897 -0,17% 1,3931 1,3927 +1,7%
USD/CNH (Offshore) 6,4611 -0,13% 6,4849 6,4841 -0,6%
Bitcoin
BTC/USD 32.530.01 -6.54% 33,916.01 30,845,26 +12.0%
The dollar is coming under some pressure with the low personal spending, but is recovering again with the very positive consumer sentiment and is practically unchanged.
+++++ FINANCIAL MARKETS EAST ASIA +++++
Friendly – Confidence in the economy created a friendly atmosphere. The stock exchanges followed their US counterparts with new closing records for the S&P 500 and the Nasdaq Composite. There had been optimism that US President Joe Biden had announced an agreement with a group of senators for his planned hundreds of billion dollar infrastructure package. At the same time, worries smoldered before a tighter one Monetary policy and rising key interest rates continue to be in the background. The Nikkei index rose 0.7 percent. The stock exchanges in Shanghai and Hong Kong performed best with gains of up to 1.4 percent. The South Korean Kospi rose by 0.5 percent and broke the 3,300 mark for the first time in its ongoing record hunt. In Sydney, something slowed down late trading, so that corona-related lockdown measures have now been decided again for Sydney. Traders in Tokyo reported price gains in economically sensitive steel and energy stocks. Panasonic (+ 4.9%) benefited from the fact that the company sold its entire Tesla stake for around 3.9 billion dollars, but has retained its customer relationship with Tesla.
+++++ COMPANY NOTIFICATIONS SINCE 1.30 PM +++++
Rockwell Automation bernimmt Plex Systems fr 2,22 Mrd USD
The US automation service provider Rockwell Automation is making purchases at a cost of billions. As the company announced, it is taking over the software company Plex Systems for 2.22 billion US dollars in cash. Rockwell hopes the deal will accelerate the pace of growth. The takeover should contribute directly to the operating margin. Rockwell is funding the deal with a combination of cash and debt.
Enough signatures for the Berlin referendum on Deutsche Wohnen
The Berlin citizens’ initiative “Expropriate Deutsche Wohnen & Co.” claims to have collected enough signatures for a referendum. Spokesman Rouzbeh Taheri said on Friday on RBB’s Inforadio that by Thursday afternoon more than 320,000 signatures had already been collected. “We have exceeded the record of previous referendums in Berlin,” said Taheri. “In any case, we made it – we can already see that.” To enforce a referendum, the initiative needs 175,000 valid signatures. If this is achieved, the Berliners can vote on the expropriation of large housing companies on September 26th.
Virgin Galactic receives FAA approval for passenger flights into space
The space company Virgin Galactic announced on Friday that the US Federal Aviation Administration (FAA) has updated its existing license for commercial space transport to fly passengers into space. The company’s stock rose in early US trading by 14.1 percent to $ 45.95. With the adaptation of the operating license, which the company has held since 2016, it is the first time that the FAA has given a Spaceline permission to fly customers into space.
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Contact the author: [email protected]
DJG / once
(END) Dow Jones Newswires
June 25, 2021 12:39 ET (16:39 GMT)
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