Home » today » Business » DAX significantly higher – Asia ‘s stock markets friendly – Gold with record high in euros – China’ s exports are not falling as much as feared – Boeing, Vonovia, Renault, VW in focus | message

DAX significantly higher – Asia ‘s stock markets friendly – Gold with record high in euros – China’ s exports are not falling as much as feared – Boeing, Vonovia, Renault, VW in focus | message

The domestic stock market posted gains after the Easter break.

Of the DAX opened 1.60 percent higher at 10,733.97 counters and is also increasing in the further course of trading. Also the TecDAX is currently growing after rising 1.34 percent to 2,827.14 points at the start.

Better than expected trade data from China ensure a good mood. This fuels the hope of a rapid economic recovery after the corona crisis. Should China now come with a comparatively low economic loss from the pandemic, that would be positive for the global economy, says Thomas Altmann, portfolio manager at QC Partners.

There is also growing hope of relaxation in the coronavirus pandemic. “The latest data on Covid-19 is encouraging,” said Christian Henke, market analyst at broker house IG Markets. In the meantime, demands for a relaxation of the measures to contain the pathogen are increasing.

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The European stock exchanges posted gains on Tuesday.

Of the EuroSTOXX 50 started 0.64 percent higher at 2,911.20 points and is also up afterwards.

The fact that Chinese foreign trade did not plummet as much as experts feared in March was positively received by investors.

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Wall Street got off to a weaker start in the new trading week.

Of the Dow Jones lost 1.39 percent on Monday to 23,390.77 points. In contrast, the Nasdaq composite rose slightly and rose 0.48 percent to 8,192.42 points.

After the indices had increased significantly in the previous week, some market participants decided to take profits. Due to the corona pandemic, investors expect a weak balance sheet season for the first quarter, which will be ushered in on Tuesday by the banks JP Morgan and Wells Fargo.

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Asia is on the up on Tuesday.

The closed in Tokyo Nikkei 3.13 percent stronger at 19,638.81 points.

On the Chinese mainland, the Shanghai Composite current (9:35 a.m.) by 1.59 percent to 2,827.28 points. In Hong Kong, the Hang Seng by 0.62 percent to 24,449.78 jobs.

Tailwinds deliver better than expected Chinese foreign trade data. In addition, the number of new infections and deaths are falling in connection with the coronavirus pandemic. It raises hope that the climax could be reached at least in some regions of the world.

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