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/wYuonAeT5iU?si=rlGOZiStJ_AJuzxO
Monday:
Inflation in Germany falls well below the ECB's 2% target. In September, inflation was still at 1.6%. The sharp fall in fuel prices in particular has lowered inflation.
https://www.faz.net/aktuell/finanzen/inflation-in-deutschland-sinkt-im-september-auf-1-6-prozent-110017888.html
Tuesday:
The labor market data is worse than expected. In the USA 🇺🇸 there are still a surprisingly large number of job vacancies. Initial market participants fear that the interest rate cuts in the US came too late.
https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-500-nasdaq-us-indizes-fallen-nach-ueberraschenden-arbeitsmarktdaten/100075114.html
Wednesday:
$TSLA (-4,58%) Tesla misses expectations once again. The carmaker, which is still valued like a tech startup on the stock market, delivered 462,890 vehicles in the third quarter, while analysts were expecting 470,000 vehicles. If Tesla does not significantly increase sales in the fourth quarter, Tesla would have declining sales figures for the first time in its history. Once again, Tesla is only boiling with water. We are currently not seeing much of the priced-in disruption of the car market. That could change on 10.10.
https://handelsblatt.com/unternehmen/industrie/tesla-tesla-liefert-weniger-autos-aus-erwartungen-verfehlt/100075462.html
Thursday:
Inflation in Switzerland 🇨🇭 is now only 0.8%, well below the 2.0% target. There is therefore likely to be a further interest rate cut in December.
https://www.handelsblatt.com/finanzen/geldpolitik/geldpolitik-preise-in-der-schweiz-steigen-um-nur-08-prozent/100075715.html
Friday:
But no cooling on the labor market in the USA 🇺🇸. According to the labor market report, 254,000 more jobs were created than the 144,000 expected. This data proves the Fed right that it did not start cutting interest rates too late.
https://www.handelsblatt.com/finanzen/geldpolitik/us-konjunktur-us-unternehmen-schaffen-deutlich-mehr-jobs-als-erwartet/100075096.html
The specialist book publisher $SPG (+1,21%) Springer Nature ventures onto the trading floor. The company is valued at just under 5 billion euros on the stock exchange. The Georg von Holtzbrinck Group continues to hold the majority stake.
https://www.handelsblatt.com/finanzen/maerkte/aktien/boersengang-aktie-von-springer-nature-startet-mit-kursfeuerwerk/100075063.html
Most important dates in the coming week:
Monday: 11:00 Retail sales (EU)
Wednesday: 20:00 FOMC Minutes (USA)
Friday: 14:30 Inflation data (USA)
What other important dates can you think of?