As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.
Also as a video:
https://youtube.com/shorts/Jo7cv6cxIg8?si=c1Uqneo64xq-qDbo
Monday:
Contrary to the industry trend $BOSS (+0,15 %) HUGO BOSS grows in Q2. Sales increase by 1%, and the 27% growth in profits is particularly impressive. The annual forecast was also confirmed.
The $DHL (+2,21 %) DHL Group also surprised positively. Although the logistics group's turnover fell due to customs uncertainty, profits increased thanks to cost-cutting measures. EBIT improved by 6% to 1.4 billion euros in Q2.
https://www.deraktionaer.de/artikel/aktien/dhl-group-positive-ueberraschung-20384361.html
Tuesday:
Data from the ISM index for the services sector fell short of expectations. This led to major setbacks in the US on Tuesday afternoon. While almost all data (business activity, prices, supplier deliveries) improved, there was a setback in the area of expectations.
Thursday:
In a narrow decision, the Bank of England has also already decided to cut interest rates to 4%. This could be a harbinger of an interest rate cut in the US.
https://www.bbc.com/news/articles/c5yprwyxjlxo.amp
These are the most important dates in the coming week:
Tuesday: 14:30 Inflation data (USA)
Thursday: 11:00 Economic data (EUR)
Thursday: 14:30 Producer prices (USA)
Can you think of any other dates? Write it in the comments