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/hayhEcF1vN0?si=ykmnkdysjF4qVjQE

Sunday:

According to Israeli sources, Hamas has probably violated the peace agreement. The fighting starts all over again.

https://m.bild.de/politik/ausland/news-ausland/palaestinenser-terror-in-der-nacht-raketen-beschuss-auf-israel-85661094.bildMobile.html#68f4a25a9c193ceaa4c4d0ae

Monday:

Good news for inflation in Germany - producer prices are falling again, albeit more slowly. They fell by 1.7 % compared to the previous year. Falling energy prices continue to be the main driver of the decline. Electricity and natural gas cost around 10% less. Food, on the other hand, became more expensive, especially beef and coffee.

https://www.handelsblatt.com/politik/deutschland/inflationsausblick-deutsche-erzeugerpreise-fallen-langsamer/100165624.html

Wednesday:

$TMV (+0,2 %) Teamviewer corrects its growth forecast for 2026 and 2027. In particular, the development of the 1E acquisition is not in line with expectations. However, the EBITDA margin forecast is even raised to 44%. In the third quarter, revenue growth amounted to +4%. The share falls to an all-time low with this news.

https://www.boerse.de/nachrichten-amp/EQS-Adhoc-TeamViewer-SE-TeamViewer-veroeffentlicht-Q3-2025-Ergebnisse-und-passt-Prognose-fuer-2025-an/37969474

$TSLA (+2,38 %) Tesla is able to increase turnover slightly more than expected. However, profits shrank more than expected.

https://www.reuters.com/business/autos-transportation/tesla-shares-fall-4-europe-after-profit-miss-2025-10-23/

Thursday:

For the first time ever, the SNB presents 🇨🇭ein minutes to create more transparency. The inflation forecast and economic outlook would be positive, which is why interest rates were not lowered further. In addition, monetary policy would be expansionary, which should increase inflation and thus drive economic growth. Unlike other countries, Switzerland has tended to have too low inflation in the recent past.

https://www.handelsblatt.com/finanzen/geldpolitik/schweiz-notenbank-legt-erstmals-protokoll-der-zinssitzung-vor/100167262.html

The $KGX (+6,79 %) Kion Group makes a surprising upward adjustment to its cash flow forecast. Instead of 400 - 550 million euros, it is expected to be 600 to 700 million euros. This is due to lower one-off expenses for the efficiency program.

https://www.boerse.de/nachrichten-amp/EQS-Adhoc-KION-GROUP-AG-KION-Group-passt-Free-Cashflow-Prognose-fuer-2025-an-aufgrund-geringerer-Einmalaufwendungen-fuer-Effizienzprogramm-Kosteneinsparungen-in-nahezu-unveraenderter-Hoehe-erwartet/37972855

Friday:

The US inflation figures were published despite the shutdown. The inflation rate has risen, but at 3.0 was below the expected 3.1%. The biggest driver of inflation was the price of gasoline.

https://www.handelsblatt.com/finanzen/geldpolitik/usa-inflation-in-den-usa-zieht-an-aber-schwaecher-als-erwartet/100166462.html

These are the most important dates for the coming week:

Tuesday: 10:00 Bank Credit Survey (ECB)

Wednesday: 19:00 Interest rate decision (USA)

Thursday: 04:00 Interest rate decision (Japan)

Can you think of any other dates?

#kredite
#ezb
#fed
#zinssatz
#boj

Bank of America (BofA) has put together a basket of stocks to list the winners of the German infrastructure package.

The basket contains 14 stocks that the US bank expects to benefit in particular.

• The German technology group Siemens
  $SIE (-0,48 %) (weighted at 10.3 percent, as of August 21)
• The French construction group Eiffage $FGR (-3,7 %) (9 percent)
• The German building materials manufacturer Heidelberg Materials
  $HEI (+0,2 %) (8.8 percent)
• The German energy technology group Siemens Energy $ENR (+1,18 %) (8.6 percent)
• The German truck manufacturer Daimler Truck
  $DTG (-0,12 %) (8.4 percent)
• The Italian building materials company Buzzi S.p.A.
  $BZU (+0 %) (7.9 percent)
• The Swiss cement group Holcim $HOLN (-0,01 %) (7.6 percent)
• The Swiss chemicals group Sika AG $SIKA (-0,95 %)
  
  (7.4 percent)
• The German forklift manufacturer Kion
  $KGX (+6,79 %) (6.7 percent)
• The French communications and energy company Spie $SPIE (-2,57 %) (6.4 percent)
• The German industrial group Thyssen-Krupp $TKA (-2,66 %) (6.4 percent)
• The German wind turbine manufacturer Nordex
  $NDX1 (-2,52 %) (4.6 percent)
• The Swedish steel group SSAB $SSAB A (-0,87 %)
  
  (4.1 percent)
• The German industrial services provider Bilfinger
  $GBF (-1,72 %) (4.0 percent)

Hopes for the infrastructure package have already caused the shares to rise significantly in some cases in recent months. Since the beginning of the year, the shares included in the basket have risen by around 47 percent. BofA has been offering the share basket to its major clients since the beginning of July.

Despite the jump in the prices of many infrastructure stocks in the first half of the year, BofA manager Klein is confident that the stocks in the basket will continue to rise. According to him, it now depends on when the investments really show up in the profits of the companies.

Oliver Schneider, portfolio advisor at US asset manager Wellington, says: "In the past six to nine months, investor interest in infrastructure stocks has grown rapidly." This is particularly true for European investors.

He cites two factors that he believes will drive infrastructure stocks worldwide in the future. Firstly, there is a great need to modernize infrastructure. Secondly, the demand for electricity is growing due to artificial intelligence. Schneider says: "This is a growth topic that will be with us for the next ten to 20 years."

Source: Text (excerpt) & graphic, Handelsblatt 01.09.25

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/j7wxXDJyQu8?si=PrSmNA8VWLxzXRsw

Sunday:

The tariff deal stands, 15% on everything except steel, aluminum & drugs. For steel & aluminum, the tariff remains at 50%. There will probably be an announcement on medicines soon. However, this only affects imports from the EU to the USA. This is good news for car manufacturers, where tariffs have been halved. The EU is also to invest 600 billion dollars in the USA and buy energy for 750 billion dollars. According to von der Leyen, 50% tariffs will probably no longer apply to aluminum and steel, and there will also be an upper limit for medicines; for some goods there will no longer be any tariffs at all:

https://m.bild.de/politik/trump-und-von-der-leyen-verkuenden-zoll-deal-zwischen-eu-und-usa-steht-688646c9b0a05d4574825bfb

Tuesday:

Teamviewer $TMV (+0,2 %) records 5% growth to 191 million euros in sales in Q2 and exceeds expectations with an operating margin of 44%. Lower marketing costs in particular are paying off here.

https://www.finanzen.net/amp/ausblick-bestaetigt-teamviewer-aktie-teamviewer-verzeichnet-umsatzwachstum-14664933

Heidelberger Druck $HBGRY is entering the defense business, the company wants to gain access to the billions invested in defense spending by the state and also establish a new pillar outside its core business.

https://www.spiegel.de/wirtschaft/unternehmen/heidelberger-druck-steigt-ins-ruestungsgeschaeft-ein-a-62e5fb9d-0777-4e0b-8628-431b13a42abc

Wednesday:

$KGX (+6,79 %) Kion surprises positively in terms of order volume. The Frankfurt-based logistics group sells forklift trucks, supply chain solutions and warehouse technology. Turnover fell by 6% to 2.7 billion euros in the 2nd quarter. Profit rose by more than 30% to 94 million euros. Incoming orders also rose by more than 30% to 3.5 billion euros.

https://www.stern.de/gesellschaft/regional/hessen/logistik--kion-ueberrascht-positiv-bei-auftragslage-35934306.html

As expected, the German economy shrank slightly by 0.1% in the 2nd quarter. This is also due to the pull-forward effects of the US tariffs in the 1st quarter, where there was surprising growth of 0.4%. Let's hope that Kion's order figures are a good harbinger for the rest of the year.

https://www.handelsblatt.com/politik/konjunktur/bip-deutsche-wirtschaft-schrumpft-leicht/100145013.html

The US economy had the opposite effect, with the trade balance improving in Q2 as a result of exports being brought forward, which is partly responsible for the surprisingly strong growth of 2.4% (annualized = extrapolated for the year). There was still a decline in GDP in Q1.

https://www.handelsblatt.com/politik/international/konjunktur-us-wirtschaft-waechst-deutlich-staerker-als-erwartet/100145064.html

In the evening, the Fed announced that interest rates would unsurprisingly be kept at their current level.

Thursday:

The Bank of Japan also leaves interest rates unchanged at 0.5%. However, it plans to raise interest rates in the future if prices and the economy develop as forecast. In view of Japan's national debt, however, the BoJ's room for maneuver in raising interest rates is limited.

https://www.handelsblatt.com/finanzen/geldpolitik/notenbank-bank-of-japan-bleibt-bei-ihrem-leitzins-von-05-prozent/100145273.html

Friday:

The markets start the weekend on a much lighter note, with a poor labor market report from the USA in particular dampening sentiment. In July, around 30,000 fewer jobs were created than expected. Even worse, the jobs created in the two previous months were revised downwards by 258,000.

https://finanzmarktwelt.de/us-arbeitsmarktdaten-juli-359225/?amp

These are the most important dates for the coming week:

Tuesday: 16:00 ISM Purchasing Managers' Index (USA)

Thursday: 13:00 Interest rate decision (UK)

Friday: 16:00 Inflation expectations (USA)

Can you think of any other dates? Write it in the comments

#ism
#einkaufsmanagerindex
#boe
#leitzins
#usa
#inflationserwartung

$KGX (+6,79 %)

Good morning everyone,

what do you think of Kion?

Considering buying, positive trend, chart signals +

Kion is one of the global key players in logistics. After a few difficult years, there is much to suggest an upswing in demand and profitability.

Logistics is the backbone of the global economy. It ensures that raw materials, goods and products arrive exactly when they are needed. But the industry is under pressure: it needs to become more climate-friendly, more digital and more resilient. Low-carbon transportation, smart automation, robotics and artificial intelligence are in demand.

Kion, one of the world's leading providers of industrial trucks and supply chain solutions, is right in the middle of it all. The product range includes forklift trucks and warehouse trucks as well as integrated automation technologies and software solutions for optimizing supply chains, including the associated services. Its business activities are divided into two segments, Industrial Trucks & Services (ITS) and Supply Chain Solutions (SCS), which together will generate revenue of EUR 11.5 billion in 2024.

At the heart of the MDAX Group is the traditional forklift and service business (ITS), which generated around 75% of revenue in the previous year. The Hesse-based company is the global number 2 in this business, generating almost half of the segment's turnover from new business with industrial trucks and individual automation solutions. The global vehicle fleet of more than 1.9 million industrial trucks forms a broad basis for the service business, which helps to reduce dependency on market cycles and strengthen customer relationships in the long term. The correlation between new business and the development of the global economy is still high, even though long-term drivers such as sustainability and electrification are becoming increasingly important.

Complete solutions from a single source

What makes Kion special is its fully integrated approach with traditional forklift trucks, software and automation solutions. The focus is on customized complete solutions, which is particularly relevant for major customers with complex logistics. To this end, the SCS segment (approx. 25% of Group sales) offers complex technology and software solutions for optimizing supply chains. In addition to general merchandise and food retailers, important customer sectors include the manufacturing industry, food and beverage producers as well as parcel service providers and pure e-commerce providers. Jungheinrich is also increasingly offering automation and software solutions, but does not have the same depth and global scaling as Kion with SCS/Dematic. Toyota Material Handling (part of Toyota Industries) is a leading global provider with a similar breadth but partly different strategic orientation (e.g. focus on lean management and production logistics).

There are many indications that the demand side will also pick up noticeably in the coming year at the latest. Although the German government's infrastructure programs are not creating any direct orders, they are opening up considerable indirect growth potential thanks to an improved market environment. Germany accounts for around 20% of Kion's sales - a market that is likely to receive new impetus from the planned expansion and digitalization of freight transport centers and the electrification of industrial processes. The establishment of semiconductor and high-tech factories such as Intel in Magdeburg and TSMC in Dresden, which require highly automated logistics and production solutions, will provide additional momentum.

Room for improvement in profitability

In the medium term, more than 10% could well be possible for Kion, although this will require an economic recovery and a return to former strength in the SCS segment (adjusted EBIT margin 2021: 10.8%). The global supply chain crisis in 2021/2022 led to an explosion in costs, which has weighed on profitability ever since. This is because the SCS segment often involves long-term projects for which the prices were set before the start of the project. In addition, rapid growth has led to problems in project management and the scaling of internal processes. However, numerous measures are being taken to counteract this, with the result that a positive trend can now be seen again and a margin of 3.8% was achieved in 2024; in the ITS segment, this figure was already 10.7% in the previous year. A further cost-cutting program has also been underway since February, which is expected to save between EUR 140 and 160 million annually from 2026.

@boz

@Novius

@derkleineAktionaer

@fiducation

@JBatelli

KION $KGX (+6,79 %) is a global market leader for industrial trucks (Linde, STILL) and automated warehouse solutions (Dematic). In 2024, the adj. EBIT margin rose to 8.0%; service revenue share > 48% supports cash flow.

Share currently trading ≈ 15% below book value.

With EV/EBITDA < 3 ×, P/E ratio ≈ 13 ×, double-digit FCF yield and significant book value discount, KION offers a pronounced margin of safety. From a purely value-oriented perspective #kion currently worth buying - provided you accept the cyclical nature of the project business and keep an eye on the margins of the Supply Chain Solutions business unit (Dematic).

#linde
#still
#dematic

The German bank has now also used the coalition agreement and the associated special fund as the basis for a list of recommendations.

The result is a list of 10 potential profiteers.

The result:

$CBK (+1,27 %) - Commerzbank

$ENR (+1,18 %) - Siemens Energy

$VOS (+0,89 %) - Vossloh

$HEI (+0,2 %) - Heidelberg Materials

$EVK (-1,09 %) - Evonik

$KGX (+6,79 %) - Kion

$BC8 (+0,25 %) - Bechtle

$COK (-0,1 %) - Cancom

$VOW (+0,3 %) - Volkswagen

$PAL (+0,85 %) - Palfinger

Source: "Welt"

The multi-billion euro package for defense and infrastructure has cleared a decisive hurdle:

After lengthy negotiations, the parliamentary group leaders of the CDU/CSU, SPD and Greens have reached an agreement. The Bundestag could pass the package as early as next Tuesday.

The stock market reacted positively: $RHM (+0,06 %) rises by five percent, $SMA records a rise of six percent, $KGX (+6,79 %) rises by five percent, $TKA (-2,66 %) rises by six percent and $BC8 (+0,25 %) and can record an increase of nine percent.

If the Bundestag agrees, the bill still has to go through the Bundesrat. Here, too, a two-thirds majority is required for a resolution.

The negotiations took several days. Friedrich Merz had come a good deal closer to the Greens. On Thursday in the Bundestag, Merz offered to relax the debt brake not only for defense, but also for civil protection, civil defence and intelligence services. He also suggested earmarking part of the infrastructure loans for climate protection. However, the Greens had missed guarantees both for more money for the climate and that climate protection spending would actually increase.

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

Also as a video:

https://youtube.com/shorts/yU_UfNQy7OQ?feature=shared

Sunday:

Another crypto theft occurred, this time probably the biggest ever. 1.5 billion dollars were stolen from the crypto exchange Bybit. Although the blockchain is considered secure, access to the individual wallets in which the cryptos are stored is not. As a result, there was a 'bank run' on the exchange as investors lost confidence and withdrew their money.

https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/krypto-milliarden-diebstahl-schockt-krypto-markt/100109251.html

Monday:

No tailwind for the new federal government in Germany, the ifo business climate index is stagnating. The economy therefore remains a major construction site and urgent action is needed.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-ifo-geschaeftsklima-stagniert-deutsche-wirtschaft-wartet-ab/100109446.html

Tuesday:

Fuel cell specialist$F3C (-1,19 %) FC Energy is also forecasting double-digit growth for 2025. In 2024, the company achieved the upper end of the forecast for sales growth (+22.5%). Adjusted EBITDA grew to 22 million euros, exceeding the forecast.

https://www.finanzen.net/nachricht/aktien/auf-wachstumskurs-sfc-energy-aktie-sfc-energy-rechnet-mit-anhaltendem-wachstum-14267631

Wednesday:

Deutsche Telekom $DTE (-1,93 %) Deutsche Telekom is on a record course but falls short of the expectations of some analysts. Sales rose by 3.4 % to 115.77 billion euros, the dividend is to rise to 90 cents per share. The development of the US subsidiary remains decisive for Deutsche Telekom.

https://www.handelsblatt.com/technik/it-internet/deutsche-telekom-setzt-nach-rekordjahr-2024-auf-weiteres-wachstum/100108104.html

e.on $EOAN (-0,84 %) is convincing in terms of figures, even if the results here were slightly below the previous year's figures. EBITDA is expected to increase by 6-9% in 2025. The CEO of e.on expects the new German government to finally implement an efficient energy transition instead of adhering to expansion targets at all costs. The dividend is to rise to 55 cents per share.

https://www.waz.de/wirtschaft/article408409404/stromriese-eon-verdient-trotz-rezession-erneut-milliarden.html

Thursday:

$SIX2 (-0,81 %) Sixt, the car rental company, presents record sales figures. Turnover increased by 10.5% to 4 billion euros. The US business in particular is doing well. Profits fall slightly due to falling used car prices. The dividend is to rise to 2.70 per share. Sales growth of 5 - 10 % is also planned for the coming year.

https://www.boerse.de/nachrichten/EQS-News-SIXT-durchbricht-erstmals-die-Vier-Milliarden-Umsatzmarke-Drittes-Rekordjahr-in-Folge/37085370

Also $KGX (+6,79 %) Kion is planning to increase its dividend from 0.70 to 0.82 euros per share. Turnover is expected to stagnate in 2025 and amount to 10.9 - 11.7 billion euros. In 2024 it was 11.5 billion euros.

https://www.finanzen.net/nachricht/aktien/ausblick-vorsichtig-kion-aktie-mit-aufschlaegen-hoehere-dividende-nach-gewinnzuwachs-geplant-14275807

GDP growth in the USA falls to a growth rate of 2.3% in the 4th quarter. However, this is in line with expectations. Germany is a long way from 2.3 % growth. The country is in the longest recession phase in post-war history.

https://finance.yahoo.com/news/gdp-us-economy-grows-at-23-annualized-pace-in-fourth-quarter-matching-estimates-133216310.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEDHZnuC0vgU8t8P7RBXsPEgAWKgMPnwT-Drlsk8DdbuQHCNMXQ7A1RS54QADRKn60ZxSDZoUa_q_5Xoub7zQSzmycOPUkgkOlopnSzTIeKez9crAfvPN2tBrlZUdmJEpy_cgFrV-geZT0BuG_Rqr5_OMyPnvoiPClm6tDcy3OZ8

Friday:

The world's largest insurance group posts a bottom-line profit of 10 billion euros, up 10% on the previous year. Allianz $ALV (-2,01 %) Allianz once again exceeds analysts' expectations and the dividend rises to €15.40 per share. At the same time, Allianz has been cutting back on life insurance benefits for years.

https://www.handelsblatt.com/finanzen/banken-versicherungen/versicherer/versicherer-allianz-erzielt-rekordgewinn-und-zahlt-mehr-dividende/100108025.html

Due to rising food prices, inflation in Germany remains at 2.3%. Next week there will be further inflation data from the EU, as well as a possible key interest rate cut by the ECB.

https://www.welt.de/wirtschaft/article255568962/Inflation-liegt-im-Februar-bei-2-3-Prozent-Nahrung-und-Dienstleistungen-werden-teurer.html

These are the most important dates for the coming week:

Monday: 11:00 Inflation data (EU)

Wednesday: 16:00 ISM data (USA)

Thursday: 14:15 Interest rate decision (EU)

Can you think of any other dates? Write it in the comments 👇

#inflation
#usa
#ezb
#zinsentscheid

I was inspired by a Focus Money article and because many people here are asking.

I won't be investing myself, it's too short-term for me. But there are still some very interesting companies.

Feel free to write in the comments whether such "copied articles" are of any use to the community or are legally correct :)

The signs of a peace process in Ukraine are solidifying. This is triggering a run on the stock market for shares that could benefit from reconstruction

Regardless of the political interpretation, the stock market has been turning its back on the war for several days now and is betting on the coming peace. Stocks that are likely to benefit from the reconstruction in Ukraine have soared. The UBS Ukraine Reconstruction Index, which comprises 25 of these stocks, has been climbing for days and is at an all-time high. "The effects of a possible ceasefire in Ukraine are still being underestimated on the financial markets," says Bernd Meyer, Chief Investment Strategist and Head of Multi Asset at Berenberg, who is convinced that the rally will continue. Reconstruction requires enormous resources. According to estimates by the World Bank, the costs for this amount to a total of 500 billion dollars - the equivalent of Austria's gross domestic product and more than three times Ukraine's annual economic output before the war. The money is likely to benefit construction companies, suppliers, infrastructure companies and banks in particular. European companies could be the main beneficiaries - especially from neighboring countries such as Poland and Hungary, but also the Czech Republic, Austria and Germany.

With Wärtsilä $WRT1V (+1,34 %) a provider of technologies for the shipping and energy markets, and Konecranes $KCR (+0,65 %) a manufacturer of industrial cranes and drive technology, Finnish companies are also on the list of potential peace beneficiaries - as are Italian companies such as the cement and building materials manufacturer Buzzi $BZU (+0 %) The list is long. There is a great need for building materials, steel and cables to restore the destroyed infrastructure and energy supply. There is still no thematic fund or ETF on the beneficiaries of the reconstruction in Ukraine. Investors who want to benefit from this are therefore well advised to combine several securities into a portfolio themselves.

Banks: Erste Group Bank $EBS (+4,63 %) Powszechna K. Osz $PKO (-1,86 %) Santander Polska $SPL (-2,81 %) Polska K. Opieki $PEO (-2,37 %) Raiffeisen Bank Int.$RBI (+2,87 %)

Construction: Wienerberger $WIE (-1,6 %) Sniezka Construction $SKA Strabag $STR (-3,02 %)

Insulation: Kingspan Group $KRX (-2,48 %) Rockwool $ROCK B

Glass: Cie de Saint-Gobain $SGO (+0,78 %)

Cranes: Konecranes $KCR (+0,65 %)

Cement: CRH $CRH (+1,87 %) Buzzi $BZU (+0 %) Holcim $HOLN (-0,01 %) Heidelberg Mat. $HEI (+0,2 %)

Construction machinery: Caterpillar $CAT (-1 %)

Mining: Ferrexpo $FXPO (+0,77 %) Metso $METSO (+0,81 %)

Chemicals: BASF $BAS (-0,7 %)

Industrial gases: Air Liquide $AI (-1,7 %)

Infrastructure: Schneider Electric $SU (-1,55 %) Rexel $RXL (+0,18 %) Wärtsilä $WRT1V (+1,34 %) Weir Group $WEIR (-1,16 %)

Infrastructure (E): Siemens Energy $ENR (+1,18 %) Prysmian $PRY (+1,84 %) NKT $NKT (-2,15 %) Nexans $NEX (+0,37 %)

Agriculture: Kernel $KER (-0,17 %)

Logistics(warehouse): Kion $KGX (+6,79 %)

Steel: Arcelor Mittal $MT (-0,21 %) and for stainless steels Outukompu $OUT1V (-0,05 %)

Sanitary technology: Geberit $GEBN (-0,44 %)

Specialty chemicals: Evonik $EVK (-1,09 %) Arkema $AKE (-0,34 %) Wacker Chemie $WCH (-0,26 %) Lanxess $LXS (+0,29 %)

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/QjmnXzs5aPw?si=UBa2XKVcVG4h_9k1

Sunday:

Stock markets are likely to open lower on Monday. The reason is the tariff dispute between the USA and the rest of the world. Mexico and Canada have been hit with 25% tariffs, China with 10% and the EU is to follow suit. Both Mexico and Canada are not putting up with it and are hitting back. Justin Trudeau announces the same tariffs on US products and calls for a boycott of US products.

https://www.handelsblatt.com/politik/international/reaktion-auf-trump-kanada-schlaegt-im-zollstreit-zurueck-dollar-fuer-dollar/100105058.html

Monday:

Inflation in the eurozone is on the rise again. Inflation rates rose to 2.5% in January. The expectation was 2.4%, but in combination with Trump's tariffs, this news is unlikely to go down well. This is because higher inflation and tariffs could make further interest rate cuts less likely.

https://www.morningstar.de/de/news/260151/inflation-in-der-eurozone-steigt-wieder-an---eu-bereitet-sich-auf-us-zouml%3Blle-vor.aspx

Tuesday:

UBS $UBSG (+0,88 %) UBS benefits from higher interest rates and generates significantly higher profit. Profit amounted to 5.1 billion euros in 2024. The integration of Credit Suisse is progressing well. The dividend is set to increase.

https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/banken-ubs-hebt-nach-gewinnsprung-dividende-deutlich-an/100105216.html

Things are going well at $KGX (+6,79 %) Kion. Despite an improved margin, the Group intends to further optimize costs. The operating margin improved to 8% in 2024. Cash flow and operating margin surprised positively.

https://www.finanzen.net/amp/effizienzoffensive-kion-aktie-gewinnt-marge-2024-verbessert-sich-kion-setzt-dennoch-sparmassnahmen-um-14205140

Wednesday:

Trump once again enters negotiations with maximum demands. He talks about the USA taking over the Gaza Strip. We are curious to see what the final outcome will be.

https://www.handelsblatt.com/politik/international/israel-trump-will-gaza-besetzen-und-palaestinenser-umsiedeln/100105686.html

$GOOGL (-1,49 %) Alphabet falls slightly short of revenue expectations. Instead of USD 96.56 billion, it was only USD 96.47 billion. Overall, revenues increased by 12% in the last quarter. At 32%, the cloud division grew two percentage points less than expected.

https://www.finanzen.net/amp/quartalszahlen-vorgelegt-alphabet-aktie-rutscht-ab-google-mutter-alphabet-mit-gewinnsprung-cloudgeschaeft-enttaeuscht-14201453

German car manufacturers are not the only ones struggling with sales problems. Also $TSLA (+2,38 %) Tesla and now $7203 (-1,66 %) Toyota are also presenting poorer figures. Profits fell by 28% to 7.66 billion euros in the third quarter. In addition, Toyota is only now starting to develop electric cars.

https://www.handelsblatt.com/unternehmen/industrie/toyota-gewinn-des-groessten-autoherstellers-bricht-um-mehr-als-ein-viertel-ein/100105585.html

Good news: producer prices in the eurozone have risen less sharply than expected at 0.4%.

https://www.handelsblatt.com/finanzen/geldpolitik/inflation-erzeugerpreise-im-euroraum-gestiegen/100105784.html

Thursday:

The BoE cut the key interest rate to 4.5%. However, two members of the relevant committees called for an even greater rate cut. At the same time, the growth forecast in the UK 🇬🇧 was adjusted downwards.

https://www.handelsblatt.com/finanzen/geldpolitik/bank-of-england-leitzins-in-grossbritannien-sinkt-erneut-notenbank-steckt-im-stagflationsdilemma/100104646.html

These are the most important dates for the coming week:

Wednesday: 14:30 Inflation data (USA)

Thursday: 14:30 Producer prices (USA)

Friday: 14:30 Retail sales (USA)

Can you think of any other dates? Write it in the comments 👇

#inflation
#usa
#einzelhandel