Economy on 04.11.2022...

last trading day of the week with a special ⤵️

To the special there is later still a separate contribution. Today stand out for me above all the weekly closing, this yet very volatile week. We had a lot of mixed numbers:

In this article you will find all the figures from yesterday https://app.getquin.com/activity/OEUDxXrlWr?lang=de&utm_source=sharing

and the FED meeting. In the next week are then mainly rather the numbers of European companies. Today, I still have the figures from Vonovia. They interest me very much.

Which figures are still missing for you, on which you still look in the near future?

Economic data

08:00

• DE: New orders September seasonally adjusted PROGNOSIS: -0.5% yoy previous: -2.4% yoy
  

08:45

• FR: Industrial Production September PROGNOSE: -0.7% yoy previous: +2.4% yoy

09:30

• DE: Governing Council member Nagel, speech at G7 CeBaDi Diversity, Equality and Inclusion Summit 2022

09:45

• IT: Purchasing Managers' Index/PMI non-manufacturing October

PROGNOSIS: 48.4 previously: 48.8

09:50

• FR: Purchasing managers' index/PMI non-manufacturing (2nd release) October PROGNOSIS: 51.3 1st release: 51.3 previous: 52.9

09:55

• DE: Purchasing Managers' Index/PMI non-manufacturing industry (2nd release) October PROGNOSIS: 44.9 1st release: 44.9 previously: 45.0

10:00

• EU: Purchasing Managers' Index/PMI non-manufacturing Eurozone (2nd release) October PROGNOSIS: 48.2 1st release: 48.2 previously: 48.8 Purchasing managers' index, total PROGNOSIS: 47.1 1st release: 47.1 previously: 48.1
• DE: Expert Council for Climate Issues, PK on the publication of the biennial report on the state of climate policy in Germany

10:15

• ES: ECB Vice President De Guindos, speech at conference of Naturgy Foundation and IESE Business School

10:30

• EE: ECB President Lagarde, speech at conference of the Estonian Central Bank

11:00

• EU: Producer Prices September Eurozone PROGNOSIS: +1.6% yoy/+42.1% yoy previous: +5.0% yoy/+43.3% yoy

11:30

• DE: Government-PK, Berlin

13:30

• UK: ECB Banking Supervisor Enria, Speech at Cumberland Lodge Financial Services Summit
• US: Labor Market Data October Employment ex Agriculture PROGNOSIS: +205,000 yoy previous: +263,000 yoy Unemployment rate PROGNOSIS: 3.5% previous: 3.5% Average hourly earnings PROGNOSIS: +0.3 yoy/+4.7% yoy previous: +0.3 yoy/+5.0% yoy

15:00

• US: Fed Boston President Collins. (2022 FOMC voting member), speech at Brookings Institution

Untimed:

• CN: Chancellor Scholz, talks with President Xi Jinping and Premier Li Keqiang as part of China trip (to Nov. 5), Beijing
• DE: G7, final meeting of foreign ministers (from Nov. 3), Münster
• EU: Rating reviews for:

France (Fitch), Ireland (Moody's)

Norway (Moody's)

Quarterly figures / Corporate dates Europe

06:30 Societe Generale quarterly figures

07:00 Vonovia 9 Months Results

07:30 Gea Group | Krones | Erste Group Bank

07:30 Andritz quarterly figures

07:40 Telefonica quarterly figures

08:00 RTL Group Sales 3Q

08:30 Amadeus IT Group 9 months results

No time stated: Intesa Sanpaolo SpA

#vonovia
#news
#newsroom
#boerse
#börse
#communityfeedback
#community
#aktien
#quartalszahlen
#wochenende
#gewinnspiel
#wirtschaftswachstum

Economy on 24.05.2023...

The market is currently under tension ⤵️

As Friday and Monday won, so yesterday almost everything clotted again! Of course, this is not 100% true and is different for everyone. Depending on the weighting of the corresponding sectors in the portfolio. But you can clearly see how much under tension, the current stock market is. If one goes only after the fundamental data of the companies and their quarterly figures, we would not be where we are today. It is already again very much future music eingepreist. Which is of course normal on the stock market, because the stock market always trades the future. But how much of it will really happen and when?

• Interest rate hikes are now history?
• Are we already expecting the first interest rate cuts?

One sees again and again how risk capital is pulled out of the market, but which alternatives are there really? It flows back again and again and we will probably still be in this ping pong for a while.

Let's take a look at the S&P 500:

• $AAPL Apple 7.41% weighting and YTD +32.98%
• $MSFT Microsoft 6.74% weighting with YTD +33.83
• $GOOGL Alphabet
  4.0% weighting with YTD +41.04%
• $AMZN Amazon 2.95% Weighting with YTD + 37.30%
• $NVDA Nvidia 2.19% weighting with YTD +113.53%

The performance of the $IUSA
S&P500 is currently +8.9% in 2023 (as of yesterday pre-market). Nvidia will still publish the quarterly figures today and we will also be able to look behind the company fundamentally! But you can already see strongly how the big tech companies, the market just pull. A setback in this sector, so could really hurt. On Instagram, I have made the days a survey among Nvidia investors, and the majority has taken profits before the numbers or plans it now after the numbers. At least partial sales were at the top of the list. It remains exciting! If you continue to have some capital lying, you can be quite relaxed and diligently buy in case of setbacks!

The ECB (Council member Villeroy de Galhau) has said yesterday in an interview that the interest rate increases stop in the summer at the latest. This has of course companies like $VNA
Vonovia pleased, which was then around 6% in plus. But others also did well yesterday against the market. Tech and large US stocks down a bit and the good anti-cyclicals up a bit. I'm curious to see how it goes this week. What do you think and do you change anything in your investment?

$SIX2
Sixt is trading EX-dividend today and today numbers at. $S92
SMA Solar. There I am very curious. Am there unfortunately, much too early got out!

What is still so today:

08:00

• UK: Consumer Prices April Consumer Prices PROGNOSIS: +0.8% yoy/ +8.2% yoy previously: +0.8% yoy/+10.1% yoy Core consumer prices PROGNOSIS: +0.7% yoy/ +6.1% yoy previously: +0.9% yoy/ +6.2% yoy

10:00

• DE: ifo Business Climate Index May PROGNOSE: 93.0 previous: 93.6 Business situation PROGNOSE: 94.5 previous: 95.0 Business expectations PROGNOSE: 91.9 previous: 92.2

15:00

• BE: Business Climate Index May PROGNOSE: -8.8 points previous: -7.8 points

16:30

• US: Crude oil inventory data (week) from the government's Energy Information Administration (EIA).

Untimed:

• EU: Commission, presentation of an "investment strategy for retail investors," including proposals on commission-based advice and information requirements

ex-dividend of individual stocks

Krones 1.75 EUR

Nemetschek 0.45 EUR

PSI Software 0.40 EUR

Sixt St. 6.11 EUR

Sixt Vz. 6.13 EUR

Quarterly figures / Company dates USA / Asia

05:00 Lenovo annual results

13:00 Analog Devices Quarterly Results

18:00 Amazon AGM

22:20 Nvidia quarterly figures

Quarterly figures / Company dates Europe

07:30 CTS Eventim quarterly figures

10:00 Lanxess | New Work | SMA Solar

10:00 Uniper | Zalando AGM

11:00 Puma | Adva | Teamviewer AGM

Without time information: Cropenergies | Einhell Quarterly figures

Image from the post is from Instagram from Cashcocktail's post. This was not generated by me. Click here to go to the post https://www.instagram.com/p/CslsQkNMFu8/?igshid=MzRlODBiNWFlZA==

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#börse
#aktien
#news
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#communityfeedback
#nachrichten
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#fed
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#fed
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#puma

Horror Shares 2022...

Sorry Markus wanted unfortunately also on the picture ⤵️

Tomorrow is Halloween and as a father of 2 kids, you can't help but join in all the fun too. Pumpkin was carved and many "creepy food" prepared. So there is nothing more in the way of the Gruse celebration for tomorrow.

But how does it look on the depots of the community? Do you also have companies that celebrate their own party in your depots? Some time ago, Markus. In all depots this list. He feels a little neglected and comes from the gate of hell extra to visit and hopes that he lands again on some of the lists!

With me it is all-time following companies:

• $CDR
  CD Projekt Red with
  -40%
• $VNA
  Vonovia with -53%
• $BABA
  Alibaba with
  -64%

What are the 3 horror stocks in your portfolio? Write it in the comments.

P.S: In exactly 18 followers there will be a great special together with getquin. I'm looking forward to it and hope that it is soon. The normal content will start again on Tuesday, because tomorrow I will enjoy the day with family and friends.

#news
#newsroom
#community
#wirtschaftswachstum
#communityfeedback
#lernen
#politik
#feiertag
#halloween
#börse
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#aktientipps
#mitverstandzumkapital
#gewinnspiel
#alibaba
#cdprojekt
#vonovia
#rendite
#markusbraun
#wirecard
#happyhalloween

Vonovia - Dividend bargain or value trap?

Hello stockbrokers,

In today's article I will explicitly show you the strengths, weaknesses, opportunities and threats of the Vonovia share with the help of a SWOT analysis and from this you can see whether Vonovia is worth buying.

Vonovia's business model:

Vonovia SE (previously Deutsche Annington Immobilien SE) is the parent company of a group of companies that manages more than 350,000 of its own apartments in Germany, making it one of the largest private-sector landlords of residential real estate in Europe. It also has a portfolio of over 38,000 apartments in Sweden and more than 22,000 apartments in Austria. Vonovia also holds a minority stake in a former portfolio of the French state railroad SNCF and in the Dutch company VESTEDA. On May 24, 2021, Vonovia and Deutsche Wohnen SE agreed to combine the two companies by way of a public takeover offer by Vonovia to the shareholders of Deutsche Wohnen.

SWOT - Analysis:

Strengths:

-There was a steady upward trend (2014-2022), also due to the acquisition strategy ("Deutsche Wohnen") => Lots of new rental income => Larger portfolio.

-Lower valuation and high dividend yield (P/E = 9.59; dividend yield = 7.18%; KUV = 3.15; PEG - ratio 2.63; KBV = 0.5 & dividend growth 5%)

-550,000 apartments in Germany

-Portfolio value is 99 billion euros

-Rising urbanization

Weaknesses:

-Vonovia's leverage (70 billion -> 20 billion short term 50 billion long term).

-Inflation & interest rates affect real estate companies very strongly

-Decline in sales by 33% in the first two quarters

-Current chart view, is miserable for Vonovia

-Properties are sold by citizens (real estate bubble)

-Analysts see an overvaluation of real estate prices of 40% and the Bundesbank of 15-20

-Valuation from a fundamental point of view is currently rising despite price declines.

-Dividend increases, despite the difficult market situation

-German shares are currently heavily burdened (Ukraine - Russia; energy problems ...)

-High interest rates & inflation -> rents cannot be increased due to rising energy prices and thus less profit for Vonovia.

-Rising construction costs, less expansion

-High debt due to the Empire Building -> poor management -> Zinsens reinforce this

-Modernization and maintenance costs are currently rising at such a rate

-Mold risk due to the energy crisis

-Overaging of the population and long-term population decline in Germany -> Baby Boomer generation

-Tenant class action suits in many Vonovia properties

-No dividend increases expected in the next few years

-Property sales due to rising interest rates, reduction in portfolio value.

Opportunities:

-Vonovia is below fair value

-Long-term interest rate freeze -> Analysts expect the FED to freeze interest rates or reduce hikes on Wednesday

-favorable entry possible

Risks:

-Coming stagflation in Germany

-Interest rates will continue to rise for the time being

-Real estate shares fall more sharply in crises (2001 / 2008;09 / 2022)

-Vonovia slipping into unprofitability, if necessary

-Dividend cuts or even cancellations!

-More capital increases?

-FFO could go above 100%; FCF is already above 100%.

-Rent brake could be enforced

-Nationalization of large real estate companies

My opinion:

From a long-term perspective, an investment in Vonovia can now be profitable, long-term urbanization and solid dividend yield can pay off in the long run. Thus, a low valuation is apparent, also by a KBV of 0.5. However, we currently have high risks, the rising Zinsens lead to a narrowing of the portfolio and an end of the "Empire Building?". In addition, the left and parts of the SPD want to nationalize large real estate companies, which makes an investment in Vonovia almost impossible for me. In addition, we currently see a difficult situation of debt including interest and at the same time a dividend increase, which strengthens the real estate reduction again.

Today's Q&A session:

Do you have Vonovia in your portfolio, or real estate companies in general, and for what reasons?

Find out more about Vonovia in my new video!

https://www.youtube.com/watch?v=3CXVQ7PnVe0

#aktien
#dividenden
#dividende
#aktien
#geld
#finanzen
#investieren
#vonovia

Small share battle: 🥷

Today we're talking about real estate stocks. 🏠

Would you guys rather prefer Vonovia, Realty Income or Stag Industrial? 🤔

Write it down in the comments and tell us why you prefer this stock. 🙏🏾

Other real estate stocks are welcome as well. 👍🏽

#vonovia
#realtyincome
#stag
#industrial

Economy on 04.05.2023...

FED as expected, SBUX 📉, Apple delivers figures ⤵️

As expected, the FED delivers the 25 basis points and the market had long since priced in. Short peak high, immediately down again and back on the road! So the big surprise, as expected failed to materialize. Let's see how the market reacts in the next few days so. This week was so far, despite the quarterly figures, not sooo exciting. I continue to feel safe with cash and continue to build it. There are already some exciting courses, where you could strike, but I look at it this week still a bit.

At $SBUX
Starbucks there was some profit taking. The stock had hit an ATH the week before and after the good numbers, people were expecting a guidance increase. Since this did not come, there was some profit taking. Share has fallen yesterday over 9%!

Today then still follows the ECB with your new interest rate decision. Also $AAPL
Apple delivers today still figures. am curious how the share will react in this market environment. Also many EU values now begin to report the figures. Remain for the time being further on the sidelines and let everything run. Only my crypto savings plans BTC and ETH, continue to run weekly. Are you already in a buying mood or are you also still holding back?

Stock market holiday Japan

Economic data

08:00

• DE: March trade balance seasonally adjusted trade balance PROGNOSE: +19.0 bn euro previous: +16.0 bn euro Exports (real, seasonally adjusted) PROGNOSE: -0.9% yoy previous: +4.0% yoy Imports (real, seasonally adjusted) PROGNOSE: -0.5% yoy previous: +4.6% yoy

09:45

• IT: Purchasing Managers' Index/PMI non-manufacturing April PROGNOSIS: 56.5 previous: 55.7

09:50

• FR: Purchasing Managers' Index/PMI Non-Manufacturing (2nd release) April PROGNOSIS: 56.3 1st release: 56.3 previous: 53.9

09:55

• DE: Purchasing Managers' Index/PMI non-manufacturing industry (2nd release) April PROGNOSIS: 55.7 1st release: 55.7 previous: 53.7 Purchasing managers' index, total (2nd release) PROGNOSIS: 53.9 1st release: 53.9 previous: 52.6

10:00

• EU: Purchasing Managers' Index/PMI non-manufacturing Eurozone (2nd release) April PROGNOSIS: 56.6 1st release: 56.6 previous: 55.0 Purchasing managers' index, total (2nd release) PROGNOSIS: 54.4 1st release: 54.4 previous: 53.7

10:30

• UK: Purchasing Managers' Index/PMI Non-Manufacturing (2nd release) April PROGNOSIS: 54.9 1st release: 54.9 previously: 52.9
  

11:00

• EU: Producer prices March Eurozone PROGNOSIS: -1.8% yoy/+ 6.1% yoy previously: -0.5% yoy/+13.2% yoy

14:15

• EU: ECB, outcome of Council meeting Main refinancing rate PROGNOSIS: 3.75% previously: 3.50% Deposit rate PROGNOSIS: 3.25% previously: 3.00%

14:30

• US: Initial jobless claims (week) PROGNOSIS: 236,000 previously: 230,000
• US: Trade Balance March PROGNOSIS: -63.1 billion USD previously: -70.54 billion USD
• US: Productivity ex agriculture (1st release) 1Q PROGNOSE: +1.9% yoy 4Q: +3.0% yoy
  

14:45

• EU: ECB, PK after Council meeting

Without time information

• DE: New passenger car registrations, April

ex-dividend individual stocks

Mercedes-Benz 5.20 EUR

Hannover Re 6.00 EUR

Quarterly figures / Company dates USA / Asia

12:30 Intercontinental Exchange Group

13:00 Conocophillips quarterly figures

22:00 Booking Holdings

22:00 Expedia Group

22:00 American International Group

22:30 Apple quarterly figures

Untimed:

Lyft | Hyatt | Stanley Black & Decker

BorgWarner Quarterly figures

Quarterly figures / Company dates Europe

06:45 Basler | Equinor ASA Quarterly Figures

07:00 Fraport | Rational | Vonovia | Zalando

07:00 Kontron | Arcelormittal | Capgemini

07:00 Anheuser-Busch | Swiss Re

07:10 Elmos Semiconductor Quarterly Figures

07:30 BMW | Volkswagen | Henkel | Hugo Boss

07:30 Infineon | Rheinmetall | Scout24

07:30 Befesa Earnings 1Q

07:30 Novo Nordisk | Cliq Digital | Deutz | Uniper

07:55 PVA TePla Quarterly Figures

08:00 Shell | RTL Group | New Work | Washtec

08:00 A.P. Moeller-Maersk Quarterly Figures

10:00 Allianz | Deutsche Post| RWE AGM

10:00 Qiagen PK on 1Q results

10:30 Talanx AGM

14:00 Ferrari quarterly figures

18:00 Freenet quarterly figures

No time stated: Equinor | Telenor quarterly figures

#quartalszahlen
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#urlaub
#instagram
#zinserhöhung
#zinsschritt
#apple
#infineon
#rheinmetall
#rational
#vonovia
#bookingholdings

Economy on 10.03.2023...

What's going on again? US banks under pressure? ⤵️

What went off there again after the stock exchange opened in the USA. SVB Finance Group was suspended from trading and stood with further under -50% in the feed. Even the CEO had to intervene and call the VC investors. Capital increase, missed numbers and forecast reduction, led to this selling pressure. This has weighed heavily on the banking sector. JPM, BoA and WF were all down -5% in the juice. But there were many more flashpoints. Biden announced the budget and plans to tax the "rich", Credit Suisse postponed numbers despite "late call" from the SEC, and so on.

The real estate sector in Germany has suffered, due to the fact that Vonovia is currently in a lawsuit, LEG sharply reduced the dividend.

Also in the crypto sector it goes on again with Silvergate. they stop the operation. But everything will run normally here. Everything runs secured but still times again in the sector, there is negative news and these press on the market.

Therefore, yesterday the indices and the risk assets have been somewhat under fire. Since I have already bled properly. I'm curious to see how we end this week today. This week was just too much going on. Interest rates and so on...

Let's look at the day. Today, there are still many data from the U.S.

Economic data

08:00

• DE: Consumer prices (final) February PROGNOSE: +0.8% yoy/+8.7% yoy provisional: +0.8% yoy/+8.7% yoy previous: +1.0% yoy/+8.7% yoy HICP PROGNOSE: +1.0% yoy/+9.3% yoy provisional: +1.0% yoy/+9.3% yoy previous: +0.5% yoy/+9.2% yoy
• DE: Building permits December and year 2022
• DE: Domestic tourism January
• UK: GDP January PROGNOSIS: +0.3% yoy previously: -0.5% yoy Three-month rate PROGNOSIS: n/a previously: -0.3% yoy
• UK: Trade Balance January PROGNOSIS: GBP -17.5 billion previous: GBP -19.3 billion
• UK: Industrial production January PROGNOSIS: -0.3% yoy/-4.3% yoy previous: +0.3% yoy/-4.0% yoy

11:00

• DE: ECB Director Panetta, speech at meeting of the Euro Cyber Resilience Board for pan-European Financial Infrastructures

11:30

• DE: Government-PK

14:30

• US: Labor Market Data February Employment ex Agriculture PROGNOSE: +225,000 yoy previous: +517,000 yoy Unemployment rate PROGNOSE: 3.4% previous: 3.4% Average hourly earnings PROGNOSE: +0.4% yoy/+4.8% yoy previous: +0.3% yoy/+4.4% yoy

15:00

• US: Treasury Secretary Yellen's hearing on the 2024 federal budget.

16:00

• DE: Chancellor Scholz, ECB President Lagarde, talks, Berlin.

Untimed:

• EU: rating review for Belgium (Fitch); Iceland (Fitch); Montenegro (Moody's); Norway (S&P); Portugal (S&P); Serbia (Moody's); Ukraine (S&P); Cyprus (Fitch).

Quarterly figures / Corporate dates Europe

07:30 Daimler Truck Annual Results

10:00 MVV Energie AGM

#quartalszahlen
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#börse
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#news
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#fed
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#ethereum
#solana
#svbfinancegroup
#jpmorgan
#bankofamerica
#wellsfargo

Economy on 13.03.2023...

SVB capital safe? No interest rate hike in March?⤵️

What a Friday it was. For many since Corona certainly one of the toughest days. Especially if you haven't been on the stock market that long, you don't really know what to do and you're a bit scared. It's about your own money, so to speak, for which you work hard. But in that you have done nothing, you have done exactly the right thing. The stock market is for the most part just "waiting" and sitting out. Clearly, here and there, a few good purchases must be made, but even these do not only go north. The stock market is not a one-way street!!!

What happened over the weekend after all this? You can see it very clearly in the futures this morning. Something tunes the market positive, only what is it?

First, it was clearly announced that the capital of the SVB is safe and all get your money. There have been several meetings since Friday and it was clearly communicated that everyone will get their money. That should make the market at least in the short term positive!The first analyses (for example, from Goldman Sachs) assume that there will now be no 50 basis points jump in March of the Fed, but also no 25 basis points jump. But in view of the situation, one even assumes that there is no increase in March. This turnaround within a few days (first 25, then 50 and now maybe 0), would be positive for the market and at least, he seems to process some of the positive news this morning!

So we can be curious, what happens today still so. The so-called emergency meeting of the Fed, which today goes everywhere through the media, is actually no emergency meeting. It meets the Board of Governors and not the FOMC. So this is not about setting interest rates. That is completely standard in these situations. I am looking forward to this eventful day and hope you will also get good returns today! What else is going on:

Economic data

08:00

• DE: Labor Cost Index 4Q
• DE: Destatis: After entry into force of the second stage of the oil embargo against Russia: Petroleum imports to Germany, January 2023

09:30

• EU: Employment and Social Policy Council Meeting

11:00

• DE: "Diesel Senate" of the BGH examines: Can a bank have claims for damages against the manufacturer assigned to it in car financing?

11:30

• DE: Government-PK

14:30

• US: Opening of stock exchange USA / Canada (due to time change for daylight saving time)

21:00

• US: Stock Exchange USA / Canada close (due to time change for summer time)

Quarterly figures / corporate dates Europe

07:00 Bilfinger full year results and annual report

07:10 Hypoport detailed annual result

08:00 Porsche AG annual result (9 a.m. annual PK)

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
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#legimmobilien
#fed
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#svbfinancegroup
#bailout
#zinsen

Economy on 17.05.2023...

Home Depot disappointed, off to the long weekend ⤵️

For most, today is Friday and it goes on into the long weekend. I had the last few days professionally very busy, which is why times no updates have come from me. But currently the market is also very boring and moves in a fairly narrow range back and forth. The Big Techs have brought figures and the values that are still coming, will not move the market much. Although Home Depot has yesterday the DowJones well messed up.

NASDAQ shot up at the close of trading rather. Among other things, this has also $SAP
SAP ensured. They have informed about a new buyback program of nearly 5 billion and in addition they have raised the forecast for the cloud division. From a chart perspective, this also looks quite good at the moment. I am still convinced of SAP.

$HD
Home Depot, on the other hand, has disappointed somewhat. Profit and sales are down slightly. Expectations were somewhat higher. However, this is not a major blow for this battleship. It remains a boring and solid stock that you can use in your portfolio. Do you also have boring battleships in your portfolio? If so, which ones?

$PYPL
Paypal has also slipped further, but is just holding its ground and could perhaps form a bottom here. For me, there are still too many emotions in here and it was sold off in my eyes too start. I continue to think that Paypal is a strong company and has a power. The competition is getting stronger and the moat weaker. But Paypal does not sleep, invests and will continue to discover new business areas. I remain invested here for now, but know my EXIT scenario! Do you always set yourself with every investment, certain marks? Whether positive or negative?

Today still come the figures of $VNA Vonovia and $CSCO Cisco. I am very curious about that. What else happens?

Stock exchange holiday Norway | shortened stock exchange trading Sweden (until 13 o'clock)

Economic data

07:30

• FR: Unemployment rate 1Q PROGNOSED: 1st quarter: +7.1% previously: 4th quarter: 7.2%

08:00

• DE: Acea, New Car Registrations April | Building Permits March | Hotel and Restaurant Sales March

10:50

• EU: ECB, allocation of 6-day dollar tender

11:00

• EU: Consumer Prices April Eurozone PROGNOSE: +0.7% yoy/+7.0% yoy Previous estimate: +0.7% yoy/+7.0% yoy Previous: +0.9% yoy/+6.9% yoy Core Rate PROGNOSE: +1.0% yoy/+5.6% yoy Previous estimate: +1.0% yoy/+5.6% yoy Previous: +1.3% yoy/+5.7% yoy

14:30

• US: Housing Starts/Permits April Housing Starts PROGNOSE: -1.4% yoy Previous: -0.8% yoy Building Permits PROGNOSE: +1.2% yoy Previous: -8.8% yoy

16:30

• US: Crude oil inventory data (week) from the federal Energy Information Administration (EIA)

Quarterly figures / company dates USA / Asia

22:05 Cisco Systems

22:05 Applied Materials quarterly results

16:00 Mondelez AGM

Quarterly figures / corporate dates Europe

06:45 Zurich Insurance | Grand City Properties

07:00 Commerzbank | Siemens Quarterly Figures

07:30 Munich RE Quarterly Figures

07:30 Aegon Trading Update 1Q

08:00 DFV German Family Insurance

10:00 Deutsche Bank | Eon | Freenet | Fresenius SE

10:00 Kion | Aixtron | Compugroup | Software AG

10:00 Telefonica Germany | Vitesco

10:00 Vonovia | Wacker Chemie AGM

10:30 Energiekontor | Indus Holding

10:30 Klöckner & Co AGM

11:00 United Internet AGM

12:00 Synlab AGM

13:00 Stratec AGM

14:00 Morphosys HV

17:30 Just Eat Takeaway AGM

No time stated: SAP: Conclusion of the two-day product event Sapphire

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Economy on 17.03.2023...

Witches Sabbath+index changes. Today it goes around ⤵️

Yesterday the ECB delivered what the market expected. Did not find the market so good :D....

The next bank was taken jobs. The First Republic Bank, but here was immediately offered by JPM and Co help, so that everything has calmed down very quickly. It is currently wild times and it can also pull down other banks or financial companies with. But in general, I don't think we have a long-term problem here. Banks are being wound up, help is being offered, interest rates are now rising more slowly and the market is calming down again and forgetting quickly.

The FED will then set the course, so to speak. I can not imagine that now 0.5% is raised, but I also do not think that it will be a 0 number. It will certainly be the 0.25%.

Remember that today the:

Eurex, Great Expiration Day (Hexensabbat) for stock index options and futures, is!

Markets/Following index changes will take effect after close of trading:

DAX ACCEPTANCE:

Rheinmetall

DAX EXCEPTION:

Fresenius Medical Care

MDAX CALL:

Fresenius Medical Care, Hensoldt, Jenoptik

MDAX EXCEPTIONS:

Rheinmetall, Software AG, Verbio

TecDAX EXCEPTION:'

Eckert & Ziegler

TecDAX EXHIBIT:

Varta

SDAX ACCEPTANCE:

Software AG, Verbio, Wüstenrot & Württembergische

SDAX EXCEPTION:

Cropenergies, Hensoldt, Jenoptik

Economic data (abbreviated version)

08:00

• DE: Building permits January | Insolvencies December and trend indicator for February

11:00

• EU: Labor costs 4Q
• EU: Consumer Prices February Eurozone PROGNOSE: +0.8% yoy/+8.5% yoy Previous estimate: +0.8% yoy/+8.5% yoy Previous: -0.2% yoy/+8.6% yoy Core rate PROGNOSE: +0.8% yoy/+5.6% yoy Previous estimate: +0.8% yoy/+5.6% yoy Previous: -0.8% yoy/+5.3% yoy

12:00

• FR: OECD, publication of economic outlook update
• DE: Futures and options expiration STOXX family (Eurex)

13:00

• DE: Expiration DAX futures and options (Eurex)
• DE: Expiration TecDAX futures and options (Eurex)

14:15

• US: Industrial Production and Capacity Utilization February Industrial Production PROGNOSE: 0.0% yoy previous: 0.0% yoy Capacity utilization PROGNOSE: 78.3% previous: 78.3%

15:00

• US: Index of Leading Indicators February PROGNOSE: -0.4% yoy previous: -0.3% yoy
• US: Index Consumer Sentiment Uni Michigan (1st survey) March PROGNOSIS: 67.0 previous: 67.0

17:20

• DE: Expiration SMI future (Eurex)

17:30

• DE: Expiration stock options (Eurex)

21:15

• US: Expiration e-mini Nasdaq future | e-mini S&P future

Without time specifications:

• TR: Announcement of Turkey's decision to join Nato Finland.
• EU: Rating review for:

Belarus (S&P); Belgium (S&P);

Greece (Moody's); Croatia (S&P);

Luxembourg (Moody's); Saxony-Anhalt (S&P);

Saudi Arabia (Moody's); Saudi Arabia (S&P);

Spain (S&P); Turkey (Fitch).

Quarterly figures / Company dates Europe

07:30 Bechtle | Vonovia annual results

08:00 Deutsche Bank Annual Report

09:30 Vonovia BI-PK (2 p.m. analyst conference)

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#fed
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#rheinmetall
#vonovia
#varta
#hexensabbat
#dax
#bechtle