1Yr·

As every Sunday, the news of the last week and the most important dates of the coming week.


The most important dates of the coming week as a video:


https://youtube.com/shorts/XRpmGjw1CJ8?feature=share


Monday:


$G24 (+1.58%) Scout24 is able to increase its forecast despite the slump in the real estate market. Also due to the acquisition of Sprengnetter (valuation portal), sales can increase by 15%. In a tense market, Scout24 profits above all from marketing and Plus products.


https://app.handelsblatt.com/finanzen/immobilien/immobilien-immobilienportal-scout24-erhoeht-nach-zukauf-prognosen/29306012.html


Catastrophic figures from $ENR (+2.04%) Siemens Energy - Because of the wind power division, an annual loss of EUR 4.5 billion is expected. The main reason is damage to wind turbines. As a consequence, the company wants to part with certain suppliers.


https://www.manager-magazin.de/unternehmen/industrie/siemens-energy-rechnet-mit-4-5-milliarden-euro-verlust-a-8f6bf488-27b4-4c47-af02-46c0f00ba820


Industrial production in Germany is being cut back more sharply than expected. In June alone, production fell by 1.3% compared with the previous month. Experts had expected a smaller decline.


https://app.handelsblatt.com/politik/konjunktur/konjunktur-deutsche-unternehmen-fahren-produktion-unerwartet-stark-herunter/29306120.html


$TSM (+4.57%) TSMC is coming to Germany and can expect EUR 5 billion in subsidies. A plant is being built near Dresden, which will be operated jointly with NXP, Infineon and Bosch.


https://www.handelsblatt.com/politik/deutschland/halbleiter-taiwanesischer-chipriese-tsmc-kommt-nach-deutschland/29306926.html


Tuesday:


The trading da#china disappoint. Both exports and imports were below expectations. Year-on-year, exports sank by 14.5% in July. Imports fell by 12.4%. The data are compared in USD. At the same time, however, the renminbi yuan depreciated against the USD.


https://www.wallstreet-online.de/nachricht/17217918-aktien-asien-pazifik-abwaerts-china-daten-handel-enttaeuschen


$SIX2 (+3.5%) Sixt achieves record earnings, the best quarterly result in the Group's history. Bayer has to take write-downs, as already announced. The loss was slightly lower than expected. RTL has to revise its full-year forecast downward. Fraport becomes more optimistic for the full year.


https://www.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-sixt-erzielt-rekordergebnis-rtl-senkt-jahresprognose/24098412.html


The excess profits tax from Italy 🇮🇹 is putting pressure on banks throughout Europe today. This is because the Italian government wants to skim off the banks' higher interest income. This is causing uncertainty about similar legislative projects and dragging the sector down.


https://app.handelsblatt.com/finanzen/maerkte/marktberichte/dax-aktuell-dax-schliesst-unter-15-800-punkten-bankaktien-geraten-unter-druck/29312388.html


Wednesday:


$VOE (+2.64%) Voestalpine with profit slump, however, there was a corresponding expectation. The forecast was confirmed.


Also $EOAN (-2.35%) eon also confirmed the forecast it had raised in July. The company is said to be continuing on its growth course.


https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-eon-erhoeht-investitionen-und-bestaetigt-die-prognose-gewinneinbruch-bei-brenntag/24098412.html


$DHER (+3.26%) Delivery Hero raises its revenue forecast. Revenue is expected to grow by 15% instead of 10%. In addition, the EBITDA margin is to be at least 0.5%.


https://de.finance.yahoo.com/nachrichten/delivery-hero-rechnet-mehr-umsatz-055911738.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAA46eIxcDVPn8WOFs3FBIu5hUZ_H1eIooUZtI9tbGNc7B3PiCBZSTkNXas-XY25lseEuPuBpUpNcGibN2PX34w1n9IcD7RZGyXbw0QnMXz5aGbZQNqq1bY_5GDbwA_PeuyycdyVm1peezJapDgS0NxPN0FHtUlODqNOw51AFdXHt


#deflation instead of inflation in China 🇨🇳. The new data push the markets in Asia into the red on Wednesday. Prices fell by 0.3% compared to the same month last year. Expected were even 0.4%. Nevertheless, the figures did not go down well, because deflation is, like inflation harmful to the economy.


https://www.sueddeutsche.de/wirtschaft/china-wirtschaft-deflation-preise-lohnkuerzung-entlassung-1.6110930


For the first time in 10 years, deposits at Volksbanks and savings banks have fallen. This is good news, because it means that customers are switching to better-interest alternatives. This also puts Volksbanks and savings banks under pressure to finally allow savers to participate in the higher interest rates.


https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/inflation-und-preiskampf-einlagen-bei-sparkassen-und-volksbanken-sinken-/29314296.html


$WE WeWork stands shortly before the insolvency. The share price is plummeting. The only way out would be fresh money. However, commercial real estate is generally not in demand, so the co-working space business is likely to have a hard time.


https://app.handelsblatt.com/finanzen/immobilien/immobilien-buerovermieter-wework-warnt-vor-insolvenz-aktie-bricht-ein/29321066.html


Thursday:


Surprisingly good figures from $ALV (+0.8%) Allianz, profit exceeded expectations due to fewer natural catastrophes and higher prices.


$HFG (-3.63%) Hellofresh continues to lose customers, but significantly increases bottom-line profit. The forecast remains unchanged.


$$MUV2 (+1.2%) Munich Re earns less than expected, but maintains forecast.


Rheinmetall increases sales, but earns less.


https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-allianz-ueberrascht-beim-gewinn-telekom-erhoeht-die-ziele/24098412.html


Inflation in the USA 🇺🇸 rises again slightly to 3.2%. However, 3.3% was expected, so this data should be received positively by the stock market and also provide further impetus.


https://rp-online.de/wirtschaft/us-inflationsdruck-nimmt-wieder-zu-teuerungsrate-bei-3-2-prozent_aid-95430155


Friday:


$CWC (-0.29%) CEWE benefits from higher travel. More people buy photo books. The last two quarters are the most important for the Group. However, sales already increased by 11 % in the second quarter.


https://amp2.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-alibaba-mit-ueberraschend-hohem-umsatz/24098412.html


Also $BC8 (+3.29%) Bechtle can beat expectations. The revenue forecast is reaffirmed. The pre-tax profit of 93.8 million euros was above the expected 90.


https://www.finanzen.net/nachricht/aktien/jahresausblick-bekraeftigt-bechtle-aktie-stark-bechtle-schlaegt-erwartungen-12730615



These are the most important dates for the coming week:


Monday: 14:00 Consumer Prices (India)

Tuesday: 11:00 ZEW Economic Indicator (DE)

Wednesday: 11:00 GDP figures (EU)

Thursday: 14:30 Manufacturing data (USA)

Friday: 11:00 Inflation data (EURO)

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