02/21/2018 – 10:45 am: In the morning, the leading German index falls below the 12,400 point mark again. A further setback from Wall Street has a negative impact. While the S&P and Nasdaq traded almost unchanged, the Dow Jones lost around one percent in the end. Japan’s Nikkei closed the stock market gates behind a small gain of 0.1 percent.

On the economic side, both sides of the Atlantic focus on purchasing managers for the industrial and service sector in February. In the evening, the FOMC meeting minutes of the Federal Reserve, the so-called Fed Minutes, will be the focus of attention. At the same time, investors are hoping for indications of the number of interest rate hikes that American monetary policy intends to make in 2018.

If the Federal Reserve tends to hold back against this background, this could boost the recent recovery on the stock markets. However, hardly any investor would like to be caught on the wrong foot, which explains the reluctance in advance. The Dax is currently down 0.7 percent at 12,397 points. At USD 1.2331, the Euro is still showing no sign of a trend. The same applies to gold at the current price of US$ 1,329 per troy ounce.




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