Financial experts expect an attempt to stabilize the DAX after a weak week

After a weak last week, there are signs of an attempt to stabilize the DAX on Monday morning. The broker IG estimates the German leading index 0.1 percent higher at 14,811 points around two hours before the start of trading. However, a major liberation is not to be expected. Developments in the Middle East in particular continue to be a burden.

However, the price of gold remains strong. It is once again in demand as a crisis currency. It was recently able to approach the $2,000 mark.

The US stock exchanges ended trading with further losses on Friday last week. The leading index Dow Jones Industrial fell 0.86 percent to 33,127.28 points. The market-wide S&P 500 lost 1.26 percent to 4,224.16 points on Friday. The Nasdaq 100 index, which is predominantly made up of technology stocks, lost 1.50 percent to 14,560.88 points.

Things are pretty quiet on the corporate appointments page at the start of the week. Philips publishes its quarterly figures, Bayer hosts the ESG Investor Webinar. In the meantime, Volkswagen is likely to continue to be in the spotlight. The car manufacturer reported preliminary figures on Friday evening. At Tesla the focus is on a hearing this morning. This is about the planned expansion of the factory in Grünheite near Berlin. Environmentalists, conservationists and local residents can raise their concerns. Otherwise, some analyst assessments are in focus. JPMorgan has slightly increased the price target for Deutsche Telekom to 30.50 euros. UBS starts Pfizer with “Neutral” and a price target of $34.00. Berenberg has lowered the target for Fresenius Medical Care from 54 to 47 euros. And Goldman Sachs has reduced its price target for Nel from 20 to 11 Norwegian kroner. Varta is also in view. There is speculation here about the return of major customer Apple.

According to a report by www.deraktionaer.de, developments in the Middle East remain a negative factor for the German leading index DAX. The price of gold, on the other hand, continues to perform strongly as a crisis currency and is approaching the $2,000 mark. In the USA, the stock markets continued to lose value last week. The Dow Jones Industrial, the S&P 500 and the Nasdaq 100 are showing losses. Upcoming corporate events are relatively quiet, but Philips' quarterly figures and Bayer's ESG investor webinar could spark interest. Volkswagen continues to be in focus after the company published preliminary figures. A hearing on the planned factory expansion in Grünheite near Berlin is taking place at Tesla. Other factors of interest are analyst assessments, including JPMorgan's increase in the price target for Deutsche Telekom, UBS's rating of Pfizer, Berenberg's reduction in the price target for Fresenius Medical Care and Goldman Sachs' reduction in the price target for Nel. There is also speculation about Apple's return as a major customer at Varta.

The current developments and news on the national and international markets will be reported by DER AKTIONÄR throughout the day.