![\"\"](\"\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/02\/dices-over-newspaper-2656028_1920.jpg\")
<\/p>\n<\/p>\n
27\/02\/2019 \u2013 12:00: <\/strong>Waiting is Trump, pardon: The trump, on the Frankfurt Stock Exchange: The DAX presented itself in early Wednesday trading with slight losses below the 11,500 mark. Without new, positive news in the Trade War between China and the USA, the momentum was lacking recently. Especially since there was disappointment in the quarterly figures. Meanwhile, traders are looking at the oil market and the British pound.<\/p>\n On Tuesday, the DAX closed at a new high for the year at 11,540 points after slight initial difficulties – and this was the sixth consecutive day of gains. On Wednesday, however, Beiersdorf was disappointed – the share fell by almost 10 percent in early trading: The consumer goods group expects slightly lower earnings growth this year than in 2018. The Nivea manufacturer also expects a slower pace of sales growth. The New York Stock Exchange did not give the German stock market any boost on Wednesday. The Dow Jones bid farewell to the closing bell with a slight minus of 0.1 percent at 26,058 points. The S&P 500 also fell by around 0.1 percent to 2794 positions. Only the Nasdaq 100 worked its way up by 0.1 percent to 7123 points. The traders also looked at the British pound, which had recently made up ground due to a possible Brexit shift. Prime Minister Theresa May paved the way for a postponement of the EU withdrawal if the treaty does not find a majority. This would prevent chaos on 29 March, but the hanging game would continue. Traders in the crude oil market look from 16.30 German time on at the change of the US storage quantity with crude oil. Meanwhile, OPEC reacted to a Twitter demand from Donald Trump not to apply the production brake too much. Saudi Energy Minister Khalid al-Falih said in an interview with CNBC that OPEC would remain cautious. The 25 states are taking a cautious approach and are particularly interested in the stability of the market. In December of last year, the cartel states and associated countries had agreed to reduce production.<\/p>\n Otherwise, the situation in Kashmir worsened: Pakistan reported on Wednesday that two Indian fighter jets had been destroyed. The day before, Indian planes had attacked Pakistani territory for the first time since 1971 to attack a terrorist training camp. Pakistani jets are also said to have carried out air strikes in Indian Kashmir. The situation remains confusing – and could quickly escalate.<\/p>\n Important Notes on This Publication<\/strong><\/p>\n The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":" 27\/02\/2019 \u2013 12:00: Waiting is Trump, pardon: The trump, on the Frankfurt Stock Exchange: The DAX presented itself in early Wednesday trading with slight losses below the 11,500 mark. Without…<\/p>\n","protected":false},"author":37,"featured_media":11220,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-11227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nBeiersdorf Disappointed – Bayer Pleased<\/strong><\/h2>\n
\nBayer, on the other hand, supported the leading index with a profit of over 3 percent: Ebitda rose by almost 16 percent to around EUR 2.1 billion in the fourth quarter thanks to the acquisition of Monsanto. However, the bottom line was a loss of a good EUR 3.9 billion (prior-year period: plus EUR 148 million). In the final quarter, sales climbed by almost 29 percent to around EUR 11.1 billion.<\/p>\nNo Clear Direction in New York<\/strong><\/h2>\n
\nIt was heard from the floor that Washington and Beijing would finally have to deliver after all the advance praise in the Trade War. But since US President Donald Trump is currently seeking to join forces with North Korea in Vietnam, little news in the Chinese-American dispute is to be expected in the near future. In addition, U.S. economic data was only half bearish on Tuesday. The US housing market continues to weaken, as the unexpectedly sharp decline in construction started showing in December. However, consumer sentiment brightened surprisingly in February.<\/p>\nThe Pound is Rising<\/strong><\/h2>\n
\nFed on hold
\nFor the dollar, Fed Chairman Jerome Powell initially provided no impetus. At his half-yearly hearing before the US Senate Banking Committee, he was hesitant. The reasons were weaker economic data and increased uncertainty. In other words, no interest rate hikes are planned for the time being, but they are possible. In view of the cooling global economy, most analysts currently see this as rather unlikely.
\nAnd what else is happening on Wednesday? First, Fed Chairman Powell will address Congress once again. At 4 p.m. German time, the EU Business and Consumer Surveys are scheduled, which should have an influence on shares from the EuroStoxx 50 and the Euro.<\/p>\nOPEC Quite Relaxed<\/strong><\/h2>\n
Air War in Kashmir<\/strong><\/h2>\n