Outlook on July 21: DAX – Investors refrain from ECB decision! | News

Investors remain anxious. The interest rate hike in the euro area and the gas crisis were the dominant topics again today. Yesterday, market participants were optimistic that gas would return to Europe via the Nordstream1 gas pipeline in the coming days. Today the tone is set by skeptics, pointing out that plunging into a recession is still possible. So I lost leading European indices such as DAX®, CAC®40 and EuroStoxx®50 during the day from 0.45% to 0.8% compared to the previous day. However, at the end of the session the indices almost recovered.

The ECB announces a return of interest rates in the euro zone tomorrow. Many experts expect an increase of 50 basis points. However, attention will be focused on a press conference with the head of the ECB, Christine Lagarde. It is therefore quite possible that the stock and bond markets will experience major fluctuations for a short period of time. In the run-up to the ECB’s decision, the bond markets were calm. This also applies to precious metals and oil. Gold and silver prices were in a tight range around yesterday’s close.

company in focus

Continental provides surprisingly good key data for the past quarter. Nevertheless, the newspaper stagnated today. Delivery hero showed a break above the June high. HelloFresh revised down the full-year forecast and fell to double-digit values. in Uniper points to agreement on the rescue package. Then it rose by double digits.

In Europe, open, among others ABB, Givaudan, Nokia, Roche, SAP, Sartorius and Lookout towers business books. Reports, incl. from the USA AT&T, Dow and Mattel business data.

Chart: DAX®

Signs of resistance: 13,440 / 13,570 points

Support Tokens: 12670/12740/12870/13010 points

DAX® had a good start in trading. Later, however, the index returned profits and stabilized between 13,200 and 13,300 points. On the other hand, the resistance level at 13,440 points continued to slow down. The leading index finds support between 12,870 and 13,010 points.

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

Period of observation: 07/06/2021 – 07/20/2022. 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: July 21, 2014 – July 20, 2022. Historical observations are not reliable indicators of future events. Source: tradingdesk.onemarkets.de

Discount purchase guarantees for DAX®

Essential WKN Selling price in euros basic price in point Cap level (upper course limit) in point final Valuation day
DAX® HR8BMD 3.49 * 12,700 13.200 09/13/2022
DAX® HR8BMH 2.87 * 13.100 13,600 09/13/2022
* maximum repayment amount of EUR 5; Source: HypoVereinsbank onemarkets; Status: 20.07.2022; 5:00 p.m.

Sales guarantees with a discount on DAX®

Essential WKN Selling price in euros basic price in point Cap level (lower course limit) in points final Valuation day
DAX® HB09QP 1.81 * 13,300 12,800 09/13/2022
DAX® HR8BNV 3.04 * 14,000 13500 09/13/2022
* Max. The repayment amount is 5 euros; Source: HypoVereinsbank onemarkets; Status: 20/07/2022 17:00

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

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 EUR 50 per transaction (for transactions from EUR 1000) up to a maximum of EUR 1000 per month. More information at: www.onemarkets.de/cashback

Please note important information and disclaimer.

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.

Features of HVB products

Leave a Comment