{"id":12612,"date":"2019-06-05T13:21:45","date_gmt":"2019-06-05T11:21:45","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=12612\/"},"modified":"2019-06-05T13:21:45","modified_gmt":"2019-06-05T11:21:45","slug":"the-bulls-keep-their-winnings","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/","title":{"rendered":"The bulls keep their winnings"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-8573 aligncenter\" src=\"\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg\" alt=\"\" width=\"602\" height=\"403\" \/><\/p>\n<p>&nbsp;<\/p>\n<p align=\"justify\"><strong>05.06.2019 \u2013 Daily report.<\/strong> <strong> Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately. The new hope in the customs dispute between China and the USA was not the only push factor. The Federal Reserve indicated that it could intervene to support economic collateral damage caused by a possible trade war.<\/strong><\/p>\n<h2><strong>The DAX is working its way up<\/strong><\/h2>\n<p align=\"justify\">After the strong gain on Tuesday, German equities recently wanted to continue rising at a slower pace. On Wednesday morning, the DAX initially rose to 12,052 points before weakening somewhat.<br \/>\nThe Federal Reserve was the main source of the buying mood: as always, Fed Chairman Jerome Powell indicated that the central bank could rather open the money supply in the USA further than turn it off in the coming months. At a conference in Chicago on Tuesday, he said the trade conflict between the United States and China would be closely monitored. And &#8220;as always&#8221; the Fed will react accordingly to maintain growth.<br \/>\nThe EU also wants to negotiate with the US. At the G20 finance ministers&#8217; meeting on Saturday, the most important goal is to contain customs disputes, according to the EU&#8217;s key issues paper.<\/p>\n<h2><strong>Must China give in?<\/strong><\/h2>\n<p align=\"justify\">China may soon also be willing to negotiate. No wonder, because the Chinese economy is suffering from the conflict with the USA. The Caixin\/Markit Purchasing Managers&#8217; Index for the month of May reached 52.7 points, its lowest level since February. As always, all economic data can be found here: <a href=\"https:\/\/bernstein-bank.com\/research\/#market-mover\"><strong>Market Mover<\/strong><\/a><br \/>\nThe Chinese CSI 300 closed almost unchanged at 3,597 positions. In Japan, the Nikkei left with a gain of 1.8 percent at 20,776 points.<\/p>\n<h2><strong>Battle of the red factions<\/strong><\/h2>\n<p align=\"justify\">Meanwhile, a power struggle within the leadership seems to have broken out in China. US futures shot up yesterday as the Chinese Department of Commerce struck an exceptionally conciliatory note. According to this, the differences with the USA should be settled through a dialogue.<br \/>\nMeanwhile, investors on the world&#8217;s stock markets ignored the reaction in the English-language Chinese Global Times, which is regarded as the mouthpiece of the Communist Party&#8217;s inner circle. &#8220;China is softening its stance? Senseless speculation. Beijing is willing to negotiate, but is very convinced that fair talks are impossible without struggle,&#8221; twittered editor-in-chief Hu Xijin. Let&#8217;s wait and see whether the pragmatic trade faction prevails or the concrete heads in the CP. In any case, there doesn&#8217;t seem to be a single front, which strengthens the US position.<\/p>\n<h2><strong>Interest rate fantasy in New York<\/strong><\/h2>\n<p align=\"justify\">With signals from China and Fed-helped interest rate fantasies, Wall Street had rallied strongly yesterday. Some tech stocks saw a short squeeze and the Nasdaq 100 rose 2.7% to 7167 pips. The Dow Jones Industrial closed with a plus of 2.1 percent at 25,332 points. The S&amp;P 500 also rose by 2.1 percent to 2,803 positions.<\/p>\n<h2><strong>Mexico slumps<\/strong><\/h2>\n<p align=\"justify\">The fact that the clear edge of US President Donald Trump is showing success is demonstrated by the example of Mexico. Yesterday Mexican President Andr\u00e9s Manuel L\u00f3pez Obrador said in the port of Veracruz that Mexico could curb illegal immigration to the US if there was a deal in return. A Mexican delegation wants to negotiate the punitive tariffs announced by Trump for Mexico today in Washington. For CFD traders it is therefore worth taking a look at the peso.<\/p>\n<h2><strong>This is what the day brings<\/strong><\/h2>\n<p align=\"justify\">The calendar is full to bursting today, Wednesday.<br \/>\nFirst, the ADP Labour Market Report for the US job market will arrive at 2.15pm German time in May.<br \/>\nAt 3.45pm the purchasing manager index Service Markit Mai follows (2nd publication).<br \/>\nThereafter at 4.00pm the ISM United States Non-Manufacturing Purchasing Managers Index will be reported.<br \/>\nThe crude oil inventory data of the state Energy Information Administration (EIA) are scheduled for 4.30 pm.<br \/>\nFrom 8:00pm, investors will analyze the Fed&#8217;s Beige Book.<br \/>\nAnd at 10.15 pm the decision about possible changes in the indices of the DAX family of Deutsche B\u00f6rse will be made.<br \/>\nWhat a volatility! Everyone who can now react quickly can be happy, but please only with a CFD broker with a Bafin license!<\/p>\n<p><strong>Important Notes on This Publication: <\/strong><\/p>\n<p align=\"justify\"><small> 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":"<p>&nbsp; 05.06.2019 \u2013 Daily report. Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately. The new hope in the customs&#8230;<\/p>\n","protected":false},"author":37,"featured_media":12611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-12612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The bulls keep their winnings | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The bulls keep their winnings | Bernstein Bank\" \/>\n<meta property=\"og:description\" content=\"Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/\" \/>\n<meta property=\"og:site_name\" content=\"Bernstein Bank\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-05T11:21:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"455\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Wordpress Support\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Wordpress Support\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/\"},\"author\":{\"name\":\"Wordpress Support\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"headline\":\"The bulls keep their winnings\",\"datePublished\":\"2019-06-05T11:21:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/\"},\"wordCount\":875,\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/\",\"url\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/\",\"name\":\"The bulls keep their winnings | Bernstein Bank\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg\",\"datePublished\":\"2019-06-05T11:21:45+00:00\",\"author\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"description\":\"Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately.\",\"breadcrumb\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage\",\"url\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg\",\"contentUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg\",\"width\":800,\"height\":455,\"caption\":\"Bulls Stock Market\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bernstein-bank.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The bulls keep their winnings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\",\"url\":\"https:\/\/bernstein-bank.com\/en\/\",\"name\":\"Bernstein Bank\",\"description\":\"Bernstein Bank GmbH\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ENH\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\",\"name\":\"Wordpress Support\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The bulls keep their winnings | Bernstein Bank","description":"Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/","og_locale":"en_US","og_type":"article","og_title":"The bulls keep their winnings | Bernstein Bank","og_description":"Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately.","og_url":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/","og_site_name":"Bernstein Bank","article_published_time":"2019-06-05T11:21:45+00:00","og_image":[{"width":800,"height":455,"url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg","type":"image\/jpeg"}],"author":"Wordpress Support","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Wordpress Support","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#article","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/"},"author":{"name":"Wordpress Support","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"headline":"The bulls keep their winnings","datePublished":"2019-06-05T11:21:45+00:00","mainEntityOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/"},"wordCount":875,"image":{"@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg","articleSection":["News"],"inLanguage":"ENH"},{"@type":"WebPage","@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/","url":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/","name":"The bulls keep their winnings | Bernstein Bank","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage"},"image":{"@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg","datePublished":"2019-06-05T11:21:45+00:00","author":{"@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"description":"Nice rebound in global trading: Wall Street has risen sharply, the DAX initially wants to continue to rise moderately.","breadcrumb":{"@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#breadcrumb"},"inLanguage":"ENH","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/"]}]},{"@type":"ImageObject","inLanguage":"ENH","@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#primaryimage","url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg","contentUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/06\/bulls-stock-market.jpg","width":800,"height":455,"caption":"Bulls Stock Market"},{"@type":"BreadcrumbList","@id":"https:\/\/bernstein-bank.com\/en\/the-bulls-keep-their-winnings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bernstein-bank.com\/en\/"},{"@type":"ListItem","position":2,"name":"The bulls keep their winnings"}]},{"@type":"WebSite","@id":"https:\/\/bernstein-bank.com\/en\/#website","url":"https:\/\/bernstein-bank.com\/en\/","name":"Bernstein Bank","description":"Bernstein Bank GmbH","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ENH"},{"@type":"Person","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48","name":"Wordpress Support"}]}},"_links":{"self":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/12612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/comments?post=12612"}],"version-history":[{"count":0,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/12612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media\/12611"}],"wp:attachment":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media?parent=12612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/categories?post=12612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/tags?post=12612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}