Entertainment DAX marks new all-time high
Global shares rise, but surging commodities and bond yields feed concern over inflation
Global shares gain, but caution picked up over a possible near-term spike in inflation. US futures eased, pointing to a weaker start to trade later on Wall Street. Oil rose, supported by supply outages in Texas, where a winter storm has knocked out production. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Global equities rose on Monday, but the mood among investors was cautious, as surging commodity prices and government bond yields continued to fan fears of a damaging rise in inflation, just as the world economy is starting to recover from the impact of COVID-19.
Before the renewed federal-state consultations on fighting pandemics in Germany, the DAX is in record mood.
With a starting price of 14,130.86 points and an increase of 0.65 percent, thedirectly targeted its all-time high of 14,169.49 points from the beginning of February at the start of Tuesday. In early trading, he achieved a new record at 14,197.49 points.
According to insiders, Chancellor Angela Merkel advocates a cautious easing of the corona lockdown at the federal-state consultations. However, you also need an "emergency brake" with an incidence of 100 in the event that the number of infections should shoot up again.
car manufacturer: IG Metall warns of warning strikes at VW
After the third round of negotiations on a new company tariff, the union expects a warning strike. VW, however, insists on “cost discipline” in view of the crisis. © dpa In view of the corona crisis and high investments, the car manufacturer urges the union to "cost discipline".
Agenda: Economic data and Fed report
Business sentiment in the Eurozone has brightened somewhat thanks to a solid industry. The purchasing managers' index collected by IHS Markit rose in February by one point to 48.8 points, as the research company announced in London on Wednesday.
Also of interest are the upcoming employment figures of the private US employment agency ADP, which provide a foretaste of the official data on Friday. Here analysts are forecasting the creation of 177,000 jobs. The Fed's economic report will follow in the evening. The so-called Beige Book is what stock marketers expect to find out about US monetary policy.Redaktion finanzen.net / Reuters
Dax is leveling off at a record level .
The Dax has settled at the record level reached at the beginning of the week after a cautious start. Most recently, the leading German index lost 0.08 percent to 14,368.97 points. © Fredrik von Erichsen / dpa The Dax is the most important stock index in Germany. On Monday he had set a record with 14,402 points and closed only a little below. The MDax of medium-sized German companies rose by 0.08 percent to 31,337.01 points in the morning. The leading Eurozone index EuroStoxx 50 gained 0.12 perc