Frankfurt, Dec 10th (Reuters) – The following is the stock exchange ticker for important price movements on the international financial markets and their causes:
8:45 am – The renewed extension of the deadline for an agreement in the Brexit dispute “by the end of the weekend” is causing problems for the pound sterling. The British currency fell by more than half a percent to 1.3321 dollars and 1.1012 euros. “From a tactical point of view, there is still ‘forever’ time,” says Thomas Gitzel, chief economist at VP Bank. “It only gets really explosive on December 31st, shortly before midnight. That is how long the UK has a grace period. “
8:08 am – An optimistic outlook lifts Jost-Werke to the top of the SDax. The shares of the truck supplier rise in Frankfurt early trading by 1.8 percent. The new full-year targets are above market expectations, says a stockbroker.
7:37 a.m. – The latest price slide in US technology stocks puts Infineon under selling pressure on Thursday. The chip manufacturer’s shares fall by two percent in the pre-trading session. The two percent minus of the US technology index Nasdaq could be the beginning of a correction, warns investment strategist Michael McCarthy of brokerage firm CMC. (Compiled by the Reuters market team. If you have any questions, please contact the editorial management on 030 2201 33702)
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