FRANKFURT (dpa-AFX) – Despite growing concerns about the economy, the German stock market recovered from initial losses on Tuesday and eventually recovered some losses. The friendly opening of Wall Street in the afternoon gave a positive impulse. The gas crisis in Europe, the risk of a renewed corona blockade in China and the disappointing economic expectations of the ZEW had a negative impact previously.
Other leading European stock exchanges also recovered from the late trading and recorded gains. EuroStoxx 50
by as much as 0.8 percent during the FTSE 100
The economic expectations of German financial experts clouded in July compared to the previous month even more drastically than analysts feared. This was confirmed by the sentiment barometer of the ZEW research institute in Mannheim. Concerns about the energy crisis and the prospect of interest rate increases also caused a surprisingly significant deterioration in the assessment of the economic situation.
Now the attention is focused on the US inflation data, which are expected on Wednesday. Dekabank experts fear that prices in June may have increased even more than in May compared to the previous month, when they “cause a moderate earthquake in the capital markets”. In addition, the US quarterly reporting season already casts a shadow – banks put JPMorgan on Thursday
The individual stocks included Airbus aviation stocks
Weak BASF stocks the day before
Some real estate stocks have come under some pressure. At Grand City Properties
At an industry colleague TAG Immobilien who is also listed in MDax
The current yield of the German Bunds fell from 1.12 percent. the previous day to 0.95 percent. Rex retirement index
gained 1.04 percent. up to 152.87 pts / edh/mis
— Eduard Holetic, dpa-AFX —
ISIN DE0008469008 EU0009658145 DE0008467416
AXC0293 2022-07-12 / 18: 15
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