Economy on 06.12.2023
December picks up where November left off. Year-end rally on the stock market underway! ⤵️
The DAX40 is currently doing very well again. Whereas in October it still posted a performance of over -3% in October, November has seen a +8,44% a respectable performance. Even in December, which is not yet so old, we are already at +1,5%. In the NASDAQ looked similar in October, although in November it was only +7% and is currently slightly negative in December.
The Chinese stock market is currently at a low where it last stood in November 2022. The situation is different on the crypto market. The $BTC (+1,55 %)
Bitcoin has in October +23% and took a short breather in November with "only" +3% in November. December is currently already back at +14%...
It remains exciting, the markets want to step on the gas again at the end of the year. We were able to take some opportunities from the middle of this year, which are now paying off.
Let's take a look at the entire trading day today:
Stock market holiday Finland
Economic data
08:00
- GER: New orders October seasonally adjusted PROGNOSE: -0.5% yoy previous: +0.2% yoy
11:00
- EU: Retail Sales October Eurozone PROGNOSE: +0.2% yoy previous: -0.3% yoy
14:15
- US: ADP Labor Market Report November Private Sector Employment PROGNOSE: +128,000 jobs previous: +113,000 jobs
14:30
- US: Trade Balance October FORECAST: -64.10 bn USD previously: -61.54 bn USD
- US: Productivity ex Agriculture (2nd release) 3Q annualized PROGNOSE: +4.9% yoy 1st release: +4.7% yoy 2nd quarter: +3.6% yoy Unit labor costs PROGNOSE: -0.9% yoy 1st release: -0.8% yoy 2nd quarter: +3.2% yoy
Quarterly figures / company dates USA / Asia
12:30 $XOM (+0,45 %)
Exxon Mobil Update "Corporate Plan"
Untimed: McDonalds Investor Update 2023
Quarterly figures / company dates Europe
08:00 $TUI1
Tui annual results
08:00 Tui BI-PK
#quartalszahlen
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