Of the DAX is seen 4.6 percent higher at 9,964 points. He is heading for the 10,000 point mark again. Before the weekend, he closed with a loss of 0.47 percent at 9,525.77 points.
Of the TecDAX should also start the day much firmer after losing a moderate 0.06 percent to 2,561.99 units on Friday at the closing bell.
A decline in the new Covid-19 victim numbers in some hot spots in Europe will ease the equity market slightly, explained expert Michael McCarthy from broker CMC Markets. In the USA and Japan, however, the situation is currently worsening, so that it is not yet possible to predict how sustainable today’s recovery attempt will be.
Other uncertainty factors come from the oil market after OPEC + postponed a meeting scheduled for today and also threatened US President Trump with “very significant tariffs” on oil imports.
However, incoming orders in German industry give hope. In February, these turned out to be better than expected.
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Of the EuroSTOXX 50 is likely to grow strongly at the opening after finishing last week 0.95 percent lower at 2,662.99 points.
In Europe, the number of new infections with Covid-19 is no longer increasing as much as before. This gives investors hope.
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Of the Dow Jones presented itself before the weekend with yielding quotes and ultimately slipped 1.69 percent to 21,052.53 points. Of the Nasdaq composite was also weaker and lost 1.53 percent to 7,373.08 points.
After an initially calm reaction to the weak labor market report, the US stock markets came under even more pressure on Friday as trade continued. In March went on US job market 701,000 jobs lost, the first drop since 2010. Economists had only expected a drop of 10,000 jobs. The unemployment rate rose to 4.4 percent, the strongest monthly increase since 1975.
Before the weekend, investors pushed out of the market, especially since short-term developments are currently particularly unpredictable. Because the spread of the coronavirus pandemic continues to determine what happens. With 1,169 deaths in the United States, the world’s highest number within 24 hours has been recorded within one country. According to recent forecasts by the US government, up to 240,000 people could die from the coronavirus-induced lung disease Covid-19.
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In Japan, the Nikkei around 8:20 am of our time a profit of 4.24 percent and rises to 18,576 points.
He remains on the Chinese mainland Shanghai Composite at its closing level of Friday at 2,763.99 points. The Ching Ming Festival is held here today. In Hong Kong, on the other hand, the stock exchanges are open and investors are in a buying mood: The Hang Seng increases around 2.20 a.m. by 2.42 percent to 23,799 index points.
In Asia, risk appetite is rising again in the new week. Apparently, many market participants hope that the peak of the corona pandemic has already been passed after a slowdown in the rise in infection and death rates has recently been recorded in many countries.
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