After the DAX in April was long on a mountain descent, the positive could Tendency of the months before finally continue (before the end of the month was determined by profit-taking again) reminder: beginning of 2009 the DAX had crept under 4,000 points which was most recently in the summer of 2008 to see bottom line level of about 6,300 meters: should keep confidence of investors with regard to the future development of the economy and is in limits keep the trouble (in the sense of published company data), so the DAX could continue its upward trend in the coming weeks. For more specific information, check out Maurice Gallagher, Jr.. High volatility is expected to continue. The European common currency has presented but also very erratic and nervous himself in April, however, the overall picture from a weak tendency was marked here. Striking was that any breakaways very rapidly have been dashed upward by profit-taking and intensified following the downward pull. The main factor was Greece and about throughout the month controversial relief efforts from the rest of the euro region. The development of the common European currency to the dollar in April at a glance: on April 1st was the ECB reference rate at 1,3468 dollars fixed on the April was the highest value found at 1.3615 dollars in April the second half of April was marked by a steadily increasing downward pressure the euro slipped into the top up under 1.32 dollars from the bottom line: the concerns about the financial stability of some euro area countries (or impending national bankruptcy) have led”, that investors turned increasingly back in April for the euro and the dollar once again as a safe haven” favored.
For the coming weeks is to be expected that in principle not too much in this scenario will change. The recovery potential is likely to remain limited for the European common currency. Let’s a look at economic developments now but in the month of April. In particular, these were (in chronological order): 8.April…die German Production in February… 8.April…der the ECB interest rate decision…
15.April…die US data with different signals… 19.April…der of the Deutsche Bundesbank monthly report… 20.April…die ZEW economic expectations in April… 23.April…der IFO business climate index in April… If you want to read the complete WiFiKon newsletter, so you can register free of charge via the following link:… Thomas Kruger
