Warning: file_put_contents(/srv/users/serverpilot/apps/bitupdateus/public/wp-content/plugins/bulk-post-0.4-1/cache/sessions//tZ7joRbmz181kGJJE8TMHQr4Xjdd4IogbP7sLehH): failed to open stream: No space left on device in /srv/users/serverpilot/apps/bitupdateus/public/wp-content/plugins/stupidpie-1.8.3-1/vendor/illuminate/filesystem/Filesystem.php on line 122
  MRKTE EUROPA / ECB waiting for – Euro and Brsen in Plus | | Bit Updates
Home » bitcoin updates » MRKTE EUROPA / ECB waiting for – Euro and Brsen in Plus |

MRKTE EUROPA / ECB waiting for – Euro and Brsen in Plus |

Thursday, September 7th, 2017 | bitcoin updates

By Thomas Leppert FRANKFURT (Dow Jones) – The European Central Bank's interest rate decision, as well as the questionnaire with ECB president Mario Draghi, was eagerly pursued on Thursday. It happened little – as expected. The central bank only slightly adjusted the growth forecast, while the inflation outlook was downwards. At the Brse, it was well received that the central bankers are more optimistic about economic growth in the Eurozone. Draghi was much interviewed by the journalists, but there was no surprise. The euro bulls accepted the invitation and pushed the currency up to 1,2059 dollars. Nearly a year later profits were taken. The stock market did not burden the stock market in the euro. On the contrary, the ECB's growth prospects were open. The Dax rose by 0.7 percent to 12,297 points, while the Euro Stoxx-50 went up by 0.4 percent to 3,448 points. Previously, the development on the Brsen had decoupled from the euro. The Barclays' strategists in their European equity strategy were also relatively relaxed in the strength of the euro. Despite the recent strength of the euro, they are not likely to cut their profit estimates. They expect further growth of around 10 percent in earnings per share for 2017. ECB will have to deliver in October
 

 While the European Central Bank initially enjoys its extremely loose monetary policy, expectations are rising that it "delivers" at its meeting in October. At the same time, the central bank should proceed very cautiously when the bond purchase program is withdrawn. Jan Holthusen, Head of Bonds Research at DZ Bank, is still assuming that the borrowing program will only be slightly reduced by the beginning of next year and will only end at the end of 2018. It is becoming increasingly clear that the Governing Council is very hard with an exit from the ultra-expansive monetary policy. Commerzbank is of the opinion that a sustained rise in the euro exchange rate could slow down the normalization of the monetary policy of the European Central Bank (ECB). "At the press conference (by ECB President Mario Draghi) it has become clear how important the ECB is to the euro / US dollar exchange rate. If the euro continues to improve strongly against our expectations, the ECB could slow down the return of the skis, by reducing them to 40, but only to 50 billion euros in January, "writes Chefvolkswirt Jrg Krmer in a comment. The losers of the ECB's policy
 

 The policy of cheap money burdens the profits of banks and insurers. This was once again clearly visible. While yields on 10-year Bunds fell by 4 basis points to just 0.30 per cent, the European sector index of banks fell by 0.7 per cent, followed closely by the insurers, which fell by 0.5 per cent on average. On the other hand, car and utility titles were sought on the German stock market. Numerous positive studies on Daimler had floated the entire sector on Wednesday. In addition, the upcoming IAA provided for fantasy. Daimler gained 0.8 percent, BMW 1.1 percent and VW 0.3 percent. The Audi manufacturer, Audi, which sold to VW, sold 5% more in August with a total of 138,900 vehicles than a year ago and thus entered the strongest August of the company's history. The automotive sector is up 0.4 percent. Positive analysts voted to support the shares of utilities. According to a purchase recommendation of the Deutsche Bank, RWE advanced by 3.8 percent. At Eon, the analysts raised the price target to 10.50 euros. Eon gained 1.9 percent to 9.57 euros. The revaluation of German utilities should not be over yet, believes the analysts of Deutsche Bank. The analysts point to a room for more favorable refinancing, electricity prices and the restructuring of the industry. Across Europe, the sector gained 1.0 percent. TecDAX at 15-year-high
 

 The TecDax rose to 2,341.41 points to the highest level in over 15 years. The winners of the day, with a gain of 3.7 percent, were Morphosys' shares. The company has underlined the potential of the product pipeline on its capital market day, with a particular focus on certain blood cancer programs, analysts from Independent Research (IR) said. The Aixtron share advanced by 11.4 percent to EUR 9.66, after Deutsche Bank raised the price target to EUR 12 of EUR 8. Should it run optimally, the share price of AIXTRON could even double, analysts suggest. The mechanical engineer has tools to participate as a key player in the revolution, which is mainly driven by smartphones and electric vehicles.
===
Development
                          stood absolutely in% since
                                                            beginning
Euro-Stoxx-50 3 447.66 + 13.86 + 0.4% + 4.8%
Stoxx-50 3.053.27 +10.04 + 0.3% + 1.4%
Stoxx-600 374.95 +1.00 + 0.3% + 3.7%
XETRA-DAX 12,296.63 +82.09 + 0.7% + 7.1%
FTSE-100 London 7,396.98 + 42.85 + 0.6% + 3.6%
CAC-40 Paris 5.114.62 +13.22 + 0.3% + 5.2%
AEX Amsterdam 518.83 +2.37 + 0.5% + 7.4%
ATHEX-20 Athens 2,126.87 -1.53 ​​-0.1% + 22.2%
BEL-20 Bruessel 3,921.94 +31.39 + 0.8% + 8.8%
BUX Budapest 37,783.51 -95.35 -0.3% + 18.1%
OMXH-25 Helsinki 3,888.95 +9.17 + 0.2% + 5.7%
ISE NAT. 30 Istanbul 134,612.74 -118.99 -0.1% + 41.0%
OMXC-20 Copenhagen 1.015,00 +4.55 + 0.5% + 14.8%
PSI 20 Lisbon 5,129.70 -55.21 -1.1% + 8.5%
IBEX-35 Madrid 10,124.90 -6.10 -0.1% + 8.3%
FTSE-MIB Milan 21,722.51 -92.05 -0.4% + 12.9%
RTS Moscow 1,110.73 +4.03 + 0.4% -3.6%
OBX Oslo 677.39 +1.96 + 0.3% + 9.7%
PX-GLOB Prague 1.336,16 -7.80 -0.6% + 11.5%
OMXS-30 Stockholm 1.553.02 +11.75 + 0.8% + 2.4%
WIG-20 Warsaw 2.491.79 -20.61 -0.8% + 27.9%
ATX Vienna 3,237.22 +18.26 + 0.6% + 23.6%
SMI Zurich 8.906,66 +47,19 + 0,5% + 8,4% DEVISEN last +/-% Thu, 8:02 Wed, 17:17% YTD
EUR / USD 1.2011 + 0.75% 1.1921 1.1943 + 14.2%
EUR / JPY 130.17 + 0.12% 130.02 129.87 + 5.9%
EUR / CHF 1.1420 + 0.15% 1.1403 1.1392 + 6.6%
EUR / GBP 0.9185 + 0.49% 0.9140 1.0943 + 7.8%
USD / JPY 108.36 -0.64% 109.06 108.74 -7.3%
GBP / USD 1.3079 + 0.27% 1.3043 1.3070 + 6.0% ROHOEL last VT Settle. +/-% +/- USD% YTD
WTI / Nymex 49.19 49.16 + 0.1% 0.03 -13.8%
Brent / ICE 54.40 54.2 + 0.4% 0.20 -7.4% METALS last previous day +/-% +/- USD% YTD
Gold (Spot) 1,346.64 1,334.15 + 0.9% +12.49 + 17.0%
Silver (spot) 18.04 17.89 + 0.9% + 0.15 + 13.3%
Platinum (spot) 1.014.40 1.005.50 + 0.9% +8.90 + 12.3%
Copper Future 3.12 3.13 -0.3% -0.01 + 23.8%
===

 Contact the author: thomas.leppert@wsj.com DJG / thl / raz (END) Dow Jones Newswires September 07, 2017 12:23 ET (16:23 GMT) Copyright (c) 2017 Dow Jones & Company, Inc. – 12 23 PM EDT 09-07-17

Related

US bonds hardly changed N

NEW YORK (dpa-AFX) – US government bond prices have hardly moved on Monday

Tim Cook: "Our tax s

              Tim Cook: "Our tax system makes no sense"                 

Euro am Sonntag-Spezial:

by Astrid Zehbe, € uro on Sunday Whether in Japan, the US, the

Polar Bears miss victory

Sven Ziegler smiled tormented. The polar bear striker had finally scored his first