Europe opens with declines: Dax down 1%

Trading Review: Ongoing Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations


Europe opened with declines: the DAX was down 1%, the Potsy and Kak were down 0.45%.

In Asia, the Nikkei closed up 2.09%, while the Shanghai and Shenzhen indices closed down 0.97% and 0.53% (respectively). The Heng Seng Index fell 1.2%.


Mixed trend in Asia: The Nikkei is up 2.2%, and the Shanghai and Shenzhen indices are up 0.45% and 0.65% (respectively), while the Hong Kong index is down 0.8%. Softbank shares are up about 3%.

On the crypto exchange, things are relatively stable today, with increases of 2-3% for Bitcoin and Etherium. Bitcoin is trading around $ 37,000.

Germany’s quarterly GDP data will be published today.

Last night on Wall Street, the S&P 500 was down 0.5%, and the Dow Jones closed steadily. The Nasdaq lost 1.4% while close to 80% of the companies in the index suffered losses. The indices in Europe closed with price increases: Dax closed up 0.4%, Potsey rose 1.1%, Kak up 0.6%.

Apple last night released its results for the first fiscal quarter of 2022 (which began in October). According to its reports, it overtook forecasts when its quarterly revenue was $ 123.9 billion – an 11% growth compared to last year. Adjusted earnings reached $ 2.1 per share, well beyond forecasts and a 25% jump compared to last year. The stock rose about 5% in late trading.

By Editor

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