Weak US economic data have that
Dax sent downhill on Friday. After one
The German course sagged over long stretches of the day
Leading index in the afternoon by 1.04 percent to 13 522.27 points.
The leading index of the Eurozone, the EuroStoxx 50 .
went to diving station. It last gave 0.92 percent to 3787.82
Counter after.
The market referred to current US data and the
Coronavirus epidemic with concerns about its economic
Consequences. “Given the bad news, it will be the end of the week
Cash made, “commented economist Thomas Gitzel from VP Bank
in Liechtenstein. “The corona virus is raging in Asia and now is too
Markit PMI in the US slipped below the 50 mark, ”
he said. It had previously become known that the dated
Market research institute Markit raised purchasing manager index (PMI)
for the US service sector surprisingly one for February
Activity shrinkage signals. The indicator fell from 53.4
Points in the previous month to 49.4 points. Economists only had
expected to drop to 51.5 points. A value less than 50
Scoring signals a decline in economic activity.
Market analyst Jochen Stanzl from CMC Markets also spoke of one
increasing loss of confidence in the statistics from China about the
Coronavirus infections. It was scarce in all of China on Wednesday
Given 350 new infections, he said, and in South Korea alone in the
past 24 hours 52. “South Korea is tiny compared to
China. The numbers don’t match. The investors sneak up
feel bad and sell them. “/ ck / he
ISIN DE0008469008 EU0009658145
AXC0227 2020-02-21 / 17: 11
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
– ,
