3Lun·

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week:


https://youtube.com/shorts/f7psnYvAflo?si=-AdiYVwhNRq8WERK


Monday:


Business is getting worse for many companies in China 🇨🇳. This is not necessarily due to stronger competition. The Chinese economy is generally worse. It has to do with the real estate crisis, which is also having an impact on consumption. GDP growth has now fallen to 4.7%, which is below expectations.


https://www.handelsblatt.com/politik/international/wirtschaftsdaten-chinas-wirtschaft-waechst-langsamer-als-erwartet-sozialer-vulkan-brodelt/100051565.html


Tuesday:


$BOSS (+1,42 %) HUGO BOSS cuts its forecast for the year. The current market environment is challenging. The competitor Burberry already had to adjust its own forecast yesterday. Nevertheless, the Group still expects sales to increase by 1 - 4 % to EUR 4.2 - 4.35 billion. The forecast for EBIT has been lowered to -15 % to +5 %.


https://www.handelsblatt.com/unternehmen/dienstleister/modekonzern-marktumfeld-herausfordernd-hugo-boss-kappt-jahresprognose/100053148.html


At $ADS (+0,81 %) Adidas also recently lowered its forecasts. Now the opposite picture. The company is probably heading for double-digit sales growth again and the forecast has been raised. A billion-euro profit could be possible again for the year as a whole. The further sell-off of the Yeezy collection alone brought in 50 million extra profit. With Spain and Argentina, Adidas has also backed the right teams.


https://www.handelsblatt.com/unternehmen/handel-konsumgueter/sportartikelkonzern-adidas-erhoeht-erneut-gewinnprognose-aktie-legt-zu/100053343.html


Retail sales in the USA 🇺🇸 were convincing. There was only stagnation. However, the US economy is unlikely to slide into recession despite the high interest rates, which will also cause the US stock markets to rise further.


https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-500-nasdaq-us-konjunkturdaten-treiben-wall-street-an/100053308.html


Wednesday:


$HEN (+1,14 %) Henkel (consumer goods manufacturer) can show significantly better figures. Operating profit increased by 28.4% and the forecast was raised. Sales also increased in the mid-single-digit percentage range.


https://www.handelsblatt.com/unternehmen/handel-konsumgueter/konsumgueter-henkel-steigert-gewinn-um-fast-30-prozent-und-hebt-prognose-an/100053560.html


Donald Trump is questioning the USA's defense of Taiwan, causing a sell-off in the chip sector. As more and more evidence points to a Trump election victory, his words are already influencing the global markets.


https://www.handelsblatt.com/technik/it-internet/asml-nvidia-tsmc-amd-aktienkurse-der-chiphersteller-brechen-ein/100053589.html


Thursday:


$TSM (+1,24 %) TSMC exceeds expectations, but Trump's statements overshadow the good figures. The share price falls in pre-market trading, despite a surprising 36% increase in profit.


https://www.handelsblatt.com/unternehmen/industrie/geschaeftszahlen-im-newsblog-novartis-hebt-prognose-an-abb-meldet-deutlich-bessere-geschaefte/24098412.html


As expected, the ECB refrains from lowering interest rates for the time being. However, the ECB considers itself to be on course, which is also being signaled by companies that expect fewer price increases and lower wage demands. This will slow down inflation.


https://www.handelsblatt.com/finanzen/maerkte/geldpolitik-ezb-verzichtet-zunaechst-auf-weitere-zinssenkung/100053214.html


Friday:


Due to a faulty update at $CRWD (-0,89 %) Crowdstrike, large parts of the world had connection problems today. Fortunately, we were not affected, as we ran a workshop with our learning software all day today. However, this meant that business operations were restricted at many companies today. This is all the more annoying as Crowdstrike is actually an IT security company. This has probably caused irreparable damage to our reputation.


https://www.handelsblatt.com/technik/it-internet/crowdstrike-dieses-unternehmen-hat-die-welt-ins-it-chaos-gestuerzt/100054032.html


Most important dates in the coming week:


Wednesday: 9:30 Purchasing Managers' Index (DE)

Thursday: 14:30 Economic data (USA)

Friday: 1:30 Inflation data (Japan)

1 Comentario

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Good move by Trump. This will make other business locations more attractive, especially those in the USA, of course. There would still be enough space in Germany for a few "GigaFabs" and in Saxony-Anhalt there would also be enough chemical industry for the preliminary products.
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