Of the DAX started with a discount of 0.13 percent at 14,020.90 points and is currently moving somewhat lower. Of the TecDAX fell 0.18 percent to 3,079.15 points at the start of trading and made the leap into the plus over the course of the year.
In the middle of the week, investors are focusing on the interest rate decision by the US Federal Reserve that is due in the evening. A sharp increase in the key interest rate is expected to combat high inflation. Equities are thus becoming less attractive for investors, while bonds are becoming more attractive returns however, become more popular. Corporate financing costs increase as interest rates rise, which could hurt profits.
In addition, investors direct their attention to the current quarterly report season. In the middle of the week, Fresenius, FMC, Siemens Healthineers and TeamViewer, among others, presented their figures for the first quarter.
Click here for the complete index overview
Of the EuroSTOXX 50 recorded slight losses (-0.07 percent) at 3,758.44 points at the start of trading and is currently also in the red.
The interest rate decision by the US Federal Reserve is due in the evening and is being eagerly awaited. The market expects the key interest rate to rise by at least 50 basis points. The subsequent question and answer session with Fed Chair Jerome Powell is also eagerly awaited. Since inflation has developed very strongly, other interest rate measures are also conceivable.
Click here for the complete index overview
Of the Dow Jones fluctuated greatly in the course of trading, but in the end the buyers got the upper hand and sent the leading US index to the end of the day with a plus of 0.20 percent at 33,127.01 points. Of the NASDAQ Composite was also volatile, and the uncertainty of investors was felt here too. The tech value index closed with a plus of 0.22 percent at 12,563.76 index points.
Investors’ eyes will be on the US Federal Reserve’s interest rate decision in the evening. The market expects a hike of 50 basis points. The focus should therefore be particularly on the statements made by Fed Chair Jerome Powell at the subsequent press conference. Investors are hoping for more precise clues about the Fed’s further course of action, such as the pace of rate hikes.
On the company side, the quarterly report season continues with figures from Moderna and Uber, among others. The previous evening, Lyft and Airbnb had already published their quarterly reports after the trading day.
Click here for the complete index overview
In Tokyo there was no trading on Wednesday either, the market there remained in the holiday break. The leading Japanese index Nikkei fell 0.11 percent to 26,818.53 points by the close on Monday.
Of the Shanghai Composite Also remained on the holiday, where it was from Friday, when it closed 2.41 percent higher at 3,047.06. Of the hang seng in Hong Kong was down on Wednesday, closing down 1.10 percent at 20,869.52 points.
The interest rate decision in the USA, which is due on Wednesday evening, also made traders in Asia act cautiously. The market is expecting a larger rate hike.
Click here for the complete index overview