Apr 30, 2012
The German index, the new trading week begins weak
The German index, the new trading week begins weak ...
... and in light of tomorrow's public holiday under low trading volumes. Currently the Dow is trading at 6782 points, which is 0.3 percent weaker than at the close of trading last Friday.
The focus of investors and analysts of the numbers of German retail sales were also the Chicago purchasing managers index, which was published this afternoon. The German retail sales for March were a positive surprise, and put 1.3 percent compared to the previous month of February. A shock from a cyclical point of view came in the afternoon with the Chicago purchasing managers index from the U.S.. The index traded at 56.2 points in April. Expects a value of 60.5 points.
On the business side of sports goods manufacturer Adidas surprised with ambiguous messages. On the one hand could provide very positive results for Adidas, the first quarter of 2012, whereupon investors with Adidas spending spree papers and heard the stock at around 5 percent increase in the Topwerten in Dax. Smack the top result was offset by the announcement from Adidas that accounting irregularities at its subsidiary Reebok India Company were noticed.
The European single currency is presented to week beginning on the important mark of 1.32 U.S. dollars and is currently trading at 1.3234 U.S. dollars, almost unchanged from the previous close last Friday.
Author: Tobias Reichert, IG Markets analyst
Analysts at IG Markets twice a day to inform promptly about the current development and their backgrounds in the capital markets.
The above text reflects the opinions of the columnists. The finanzen.net GmbH assumes no responsibility for its accuracy and disclaims any recourse.
by erectusplus at 10:43 AM |
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