Daily forecast for May 31: DAX continues its upward trend. Strong manufacturers of internet stocks and sporting goods! | News

Most of the European stock markets continued the upward trend of the last few trading days today. Above all, the news that China’s coronation measures have been relaxed and that China has the prospect of an economic stimulus ensured a recovery. As the year went on, the mood sometimes went bad. The inflation rate in Germany in May was 8.7%. (April: 7.8%), much higher than many experts had expected. By late afternoon, however, the markets were friendly again. In the US, the markets were closed on the bank holiday and therefore were unable to provide a positive stimulus.

Bond markets reacted to the inflation data from Germany with an increase in yields. Tomorrow they will publish data from the euro zone and France. Precious metals and oil were little touched upon in light trade. The bulls still control the euro-dollar exchange rate. Initially, the rate was aimed at the new mark of US $ 1.08.

company in focus

The relaxation of coronation measures in China has helped manufacturers of sporting goods in particular Adidas and puma on the go today. ISPs were also on the shopping list today Delivery hero, HelloFresh and Zalando. Daimler trucks benefited from positive analyst comments. Brookfield and Cellnex plan a joint radio tower deal Deutsche Telekom. Action T reacted hardly changed. Evotec climbs further up. Today, the biotechnology group announced the acquisition of a plant for the production of cell therapy. Siemens won the largest order in the company’s history for a total amount of EUR 8.1 billion. The share buyback broke today above the resistance level at EUR 123.

Today’s strongest strategy and topic indexes included: European Biotechnology Index as good as Index of German climbers. FROM ESG Global Anti Plastic Index (net return) (EUR) confirmed the break above the 926-point resistance level.

Indus Holding, Nordex and SMA Solar I invite you to tomorrow’s general meeting.

Important meetings

  • China – Official Managers of Manufacturing and Purchasing Services Official Gauge for China, May
  • France – Consumer prices, provisional in May
  • France – GDP, Q1 in detail
  • France – Consumer Spending May
  • Germany – May publication of job data
  • Europe – consumer prices in the euro area, preliminary May
  • USA – Chicago Purchasing Managers’ Index, May
  • USA – Consumer Confidence, May

Chart: DAX®

Signs of resistance: 14 820/15 285 points

Support Tokens: 13380/13600/13900/1420/14300/14500 points

DAX® got off to a good start in the new trading week, continuing the uptrend of the last few days. The break above the resistance limit at 14,490 points was successful. This opens up an opportunity for the trend to continue to 14,820 points. The index finds a wide support zone between 13,900 and 14,200 points.

DAX®in points; Daily chart (1 candle = 1 day)

Period of observation: 01/21/2021 – 05/30/2022. Historical observations are not reliable indicators of future events. Source: tradingdesk.onemarkets.de

DAX®in points; Weekly chart (1 candle = 1 week)

Period of observation: May 31, 2014 – May 30, 2022. Historical observations are not reliable indicators of future events. Source: tradingdesk.onemarkets.de

Discounted purchase guarantees for DAX®

Essential WKN Selling price in euros basic priceinpoint Cap level (upper course limit) in point finalValuation day
DAX® HB6W46 3.33 * 14 100 14,600 August 16, 2022
DAX® HB6W4A 2.68 * 14,500 15,000 August 16, 2022
* maximum repayment amount of EUR 5; Source: HypoVereinsbank onemarkets; As of 30.05.2022; 5:10 pm

Sales guarantees with a discount on DAX®

Essential WKN Selling price in euros basic price inpoint Cap level (lower course limit) in points finalValuation day
DAX® HB6W5C 2.30 * 14 900 14,400 August 16, 2022
DAX® HB6W5G 3.06 * 15300 14 800 August 16, 2022
* Max. The repayment amount is 5 euros; Source: HypoVereinsbank onemarkets; Status: 05/30/2022 17:10

You can find information on how rebate orders work and many other productshere at onemarkets knowledge.

Cashback Trading – when the issuer pays the fees for my order!

Place orders as usual through your broker or bank. Activate cashback via the Cashbuzz website. Get a credit of up to € 50 per transaction (for transactions from € 1,000) up to a maximum of € 1,000 per month. More information at: www.onemarkets.de/cashback

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This information does not constitute investment advice, but an advertisement. The public offering is made solely on the basis of a securities prospectus approved by the Federal Financial Supervisory Authority (“BaFin”). The approval of the prospectus should not be interpreted as a recommendation to buy these securities from UniCredit Bank AG. The prospectus containing all supplements and final terms are authoritative only. It is recommended that you read these documents carefully before making any investment decision in order to fully understand the potential risks and opportunities involved in making an investment decision. You are about to buy a product that is not simple and may be difficult to understand.

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