{"id":13278,"date":"2019-10-18T11:45:07","date_gmt":"2019-10-18T09:45:07","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=13278\/"},"modified":"2019-10-18T11:45:07","modified_gmt":"2019-10-18T09:45:07","slug":"deutsche-boerse-on-hold","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/","title":{"rendered":"Deutsche B\u00f6rse on hold"},"content":{"rendered":"

<\/p>\n

18.10.2019 \u2013 Daily Report.<\/strong> That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back. After all, a new annual high of 12,814 points remained on Thursday. Increasing doubts about the new Brexit agreement are now putting the brakes on the market. And shareholders are looking for clear targets.
\n<\/strong><\/p>\n

Frankfurt waits
\n<\/strong><\/h2>\n

Hardly any news on big topics. In addition, the small expiration date for stock index options, which caused a little tugging in the prices. The DAX oscillated to Friday noon 0.1 percent firmer at 12,669 points. As expected, the announced American punitive tariffs on imported goods from Europe – Airbus jets, wine, whisky and cheese – will come into force.<\/p>\n

Brexit vote on Saturday
\n<\/strong><\/h2>\n

At the British Pound and also at the FTSE 100 it will be exciting again on and after the weekend. The vote in the House of Commons tomorrow, Saturday, is completely open. British Prime Minister Boris Johnson has to fight for a majority in parliament. Above all Labor and the Northern Irish DUP are resisting. Sterling is currently an ideal playing field if you trade CFD: Over the past ten days, the pound has fluctuated between 1.1089 and 1.1631 against the euro.<\/p>\n

The Red Dragon Weakens<\/strong><\/h2>\n

Meanwhile, investors in Asia were looking at surprisingly weak data from China. The trade dispute with the U.S. and the meagre domestic demand have pushed economic growth to its lowest level in almost 30 years. Gross domestic product in the People’s Republic grew at an annual rate of only 6.0 per cent in the third quarter, compared with 6.2 per cent in the previous quarter and 6.4 per cent in the first quarter. The plus thus reached the lower limit of the target corridor for the year as a whole of 6.0 to 6.5 percent set by the government. Another problem is the growing level of debt. As always, you can find all the data here: Market Mover<\/strong><\/a><\/p>\n

CSI-300 and Yuan under pressure<\/strong><\/h2>\n

Accordingly, the CSI-300 fell by 1.4 percent to 3,872 positions. In Tokyo, on the other hand, the Nikkei-225 recorded a plus of 0.2 percent to 22,493 points.
\nAccording to China data, USDCNY slipped slightly to 7.0778. In April, a dollar was still available for only 6.69 yuan. The Chinese currency thus remained below the 7.0 mark, which the USA had drawn as a red line in the trade dispute – this was torn again in August for the first time in a decade. Washington accuses Beijing of currency manipulation, i.e. the artificial lowering of the yuan to push stuttering exports. Obviously, rich Chinese and investors with large Yuan assets see it the same way. Finally, a veritable capital flight from China has started through the back door, through unofficial channels, as the Wall Street Journal recently reported. How does that work? Besides the smuggling of dollars and gold, think of auctions of Chinese antiques in New York, London or Paris with exorbitantly high prices and surcharges, for example.<\/p>\n

Moderate growth in New York<\/strong><\/h2>\n

The Wall Street stock market had been cautiously seizing the eve of the meeting, pushed by rather positively received quarterly figures. The Dow Jones closed 0.1 percent higher at 27,025 points. The S&P 500 gained 0.3 percent to 2,997 points. And the Nasdaq Composite even climbed 0.4 percent to 8,156 points.<\/p>\n

Recovery in Turkish lira
\n<\/strong><\/h2>\n

The Turkish lira attracted. After President Recep Tayyip Erdogan initially refused to meet US Vice President Mike Pence – Donald Trump was the only one – the meeting took place. And the USA forced Turkey to a ceasefire in Northern Syria. The Kurdish militia YPG was to withdraw from the region within 120 hours. After the five days the Turkish offensive is to be stopped completely. The USA wants to lift their sanctions in case of a permanent ceasefire in Northern Syria. Turkey would also have achieved its goal and set up a buffer zone.<\/p>\n

This is what the day brings<\/strong><\/h2>\n

US quarterly figures for the weekend include Coca-Cola and American Express.
\nAt 4pm the US index of leading indicators for September will be announced.
\nOtherwise several responsible persons of the Federal Reserve will speak, which could move Treasuries and the Greenback in addition to US stocks.
\nAt 3pm the President of the Dallas-Fed, Robert Steven Kaplan (2019 not entitled to vote in the FOMC), will speak.
\nAnd at 4pm Kansas City Fed President Esther L. George steps up to the microphone at the same conference in Denver (2019 voting in the FOMC).
\nThe next speaker will be Vice-Chairman Richard Clarida at 5:30pm.<\/p>\n

The Bernstein Bank wishes you successful trades!<\/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":"

18.10.2019 \u2013 Daily Report. That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back. After all,…<\/p>\n","protected":false},"author":37,"featured_media":13099,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-13278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nDeutsche B\u00f6rse on hold | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back.\" \/>\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\/deutsche-boerse-on-hold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deutsche B\u00f6rse on hold | Bernstein Bank\" \/>\n<meta property=\"og:description\" content=\"That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/\" \/>\n<meta property=\"og:site_name\" content=\"Bernstein Bank\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-18T09:45:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.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=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/\"},\"author\":{\"name\":\"Wordpress Support\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"headline\":\"Deutsche B\u00f6rse on hold\",\"datePublished\":\"2019-10-18T09:45:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/\"},\"wordCount\":941,\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/\",\"url\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/\",\"name\":\"Deutsche B\u00f6rse on hold | Bernstein Bank\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg\",\"datePublished\":\"2019-10-18T09:45:07+00:00\",\"author\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"description\":\"That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back.\",\"breadcrumb\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage\",\"url\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg\",\"contentUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg\",\"width\":800,\"height\":455,\"caption\":\"Stock Broker\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bernstein-bank.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Deutsche B\u00f6rse on hold\"}]},{\"@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":"Deutsche B\u00f6rse on hold | Bernstein Bank","description":"That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back.","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\/deutsche-boerse-on-hold\/","og_locale":"en_US","og_type":"article","og_title":"Deutsche B\u00f6rse on hold | Bernstein Bank","og_description":"That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back.","og_url":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/","og_site_name":"Bernstein Bank","article_published_time":"2019-10-18T09:45:07+00:00","og_image":[{"width":800,"height":455,"url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg","type":"image\/jpeg"}],"author":"Wordpress Support","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Wordpress Support","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#article","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/"},"author":{"name":"Wordpress Support","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"headline":"Deutsche B\u00f6rse on hold","datePublished":"2019-10-18T09:45:07+00:00","mainEntityOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/"},"wordCount":941,"image":{"@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg","articleSection":["News"],"inLanguage":"ENH"},{"@type":"WebPage","@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/","url":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/","name":"Deutsche B\u00f6rse on hold | Bernstein Bank","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage"},"image":{"@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg","datePublished":"2019-10-18T09:45:07+00:00","author":{"@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"description":"That was probably nothing: The DAX had started yesterday hesitantly, had risen strongly in the course of the Brexit deal and then fell back.","breadcrumb":{"@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#breadcrumb"},"inLanguage":"ENH","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/"]}]},{"@type":"ImageObject","inLanguage":"ENH","@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#primaryimage","url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg","contentUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/09\/stock-broker.jpg","width":800,"height":455,"caption":"Stock Broker"},{"@type":"BreadcrumbList","@id":"https:\/\/bernstein-bank.com\/en\/deutsche-boerse-on-hold\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bernstein-bank.com\/en\/"},{"@type":"ListItem","position":2,"name":"Deutsche B\u00f6rse on hold"}]},{"@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\/13278","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=13278"}],"version-history":[{"count":0,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/13278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media\/13099"}],"wp:attachment":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media?parent=13278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/categories?post=13278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/tags?post=13278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}