NEW YORK (dpa-AFX) – The euro extended gains against the US dollar in late US FX trading on Thursday. Most recently, the common currency was paid for at $1.0844. The euro was boosted by the prospect of interest rates rising less sharply in the USA. It rose above $1.08 for the first time in nine … Read more
FRANKFURT (dpa-AFX) – The euro struggled to hold $1.06 on Friday. In the early evening, the common currency briefly slipped below it and most recently cost $ 1.0604. The European Central Bank set the reference rate at 1.0619 (Thursday: 1.0621) dollars. The dollar thus cost 0.9417 (0.9415) euros. In the course of a turbulent week … Read more
FRANKFURT (dpa-AFX) – The German stock market should continue the recent rally at the start of the week. Easing interest rate and inflationary pressures are supporting valuations and stabilizing the high-growth technology sector, JPMorgan strategists said. In addition, slightly less strict corona measures in China provided support. In addition, there were media reports about China’s … Read more
BVR President Kolak: ECB corrects course and sends clear signal against inflationary pressures Berlin (ots) – “The ECB corrects its course with the largest increase in key interest rates of its history and sends a clear signal against the high inflationary pressure the euro zone. We expressly welcome that,” comments Marija Kolak, President of the … Read more
Tuesday’s ten biggest gainers: 1. Semperit +2,19 Prozent 2. Addiko Bank +1,91 Prozent 3. Cleen Energy +1,85 Prozent 4. Uniqa +1,76 Prozent 5. Frequentis +1,27 Prozent 6. Polytec +1,17 Prozent 7. Kapsch TrafficCom +0,93 Prozent 8. Vienna Insurance +0,88 Prozent 9. Andritz +0,68 Prozent 10. Verbund +0,47 Prozent Tuesday’s 10 biggest losers: 1. Wienerberger -4,65 … Read more
Association of Sparda Banks welcomes farewell to negative interest rates Frankfurt (ots) – “We waited a long time for this step by the ECB, which had no alternative waited. Finally she has acknowledged the reality and the long overdue one brought about a turnaround in interest rates. Already in July 2021 we met with the … Read more
Oddo BHF confirms the neutral recommendation for ams-OSRAM – and reduces the price target from CHF 14.0 to CHF 8.0. Now, ex aequo, the lowest of all price targets. Last closing price: CHF 7.94 – average price target: CHF 13.74. Morgan Stanley reduced Erste Group’s recommendation from over- to equal – and the price target … Read more
NEW YORK (dpa-AFX) – On the US stock market, bargain hunters ultimately ensured a recovery after the price slide on Friday. In particular, the volatile technology stocks gained again on Monday. In a highly nervous trading session, economic data on the mood in industry initially provided some relief, before the significant rise in yields on … Read more