Important Events of the Week
- Monday, May 5: Many Asian stock markets are closed, and trading in London is halted due to a bank holiday. This may lead to lower trading volumes and less volatile markets.
- Wednesday, May 7:
- 8:00 AM: Germany releases March industrial order intake figures. Commerzbank expects a rise in order intake of 1.5% compared to the previous month, indicating a stabilizing economic situation.
- 8:00 PM: The US Federal Reserve will make a rate decision. It is expected that the key interest rate will remain unchanged at 4.25 to 4.5%, despite pressure from the White House to lower rates. This could stabilize the markets, as a rate cut is seen as supportive for the economy.
- Thursday, May 8:
- 8:00 AM: Germany publishes data on industrial production and exports for March. DekaBank mentions that Germany’s GDP was surprisingly strong in the first quarter, partly due to advanced US imports to bypass tariffs. This could have positively influenced German goods exports in March.
Market Developments and Trends
- DAX Rally: The DAX has made a strong recovery in recent weeks, rising above the 23,000-point mark. This rapid recovery is remarkable, but a return to previous highs is considered unlikely.
- Economic Uncertainties: Despite the recovery of the markets, economic uncertainties persist. US trade policy, particularly tariffs, remains a factor influencing the markets. Although negotiations with key trading partners like China have led to a recovery, the fundamental agenda of the US government to align the global economy in favor of the USA remains unchanged.
Significance for Private Investors
For private investors in the German-speaking region, these developments are important as they can influence decisions regarding investments and risk management. The DAX recovery and stable economic indicators could lead to positive market sentiment, while ongoing economic uncertainties advise caution. It is advisable to closely monitor economic data and political developments to make informed decisions.