The 10 facts that are moving the markets today: DAX expects lower, Asia in the red, LANXESS with high quarterly loss and more

The 10 facts that are moving the markets today: DAX expects lower, Asia in the red, LANXESS with high quarterly loss and more

According to a report by www.finanzen.net, we are facing some important developments on the markets this Wednesday. The DAX is expected to be slightly lower, while the stock exchanges in the Far East are expected to decline moderately. In the corporate world, the chemical company LANXESS is recording a high quarterly loss, while the DHL Group is more pessimistic about the future.

In addition, Siemens Healthineers believes in increasing profits for 2023/24 and E.ON expects a negative impact on earnings due to price cuts. eBay beat earnings expectations, but disappointed with its sales forecast. Rivian Automotive reports sales of over a billion dollars, but also losses. Oil prices have shown little change, while the euro remains below $1.07.

Due to the high quarterly losses at LANXESS and the pessimistic outlook of the DHL Group, a certain degree of uncertainty and possibly a negative mood could spread in the chemical and logistics industry. This could lead to a decline in investment in these sectors, which could impact both the stock market and the consumer.

E.ON's earnings hit due to price cuts could lead to a rise in the market valuation of energy stocks as investors fear that overall profit expectations in the energy sector could fall. eBay's disappointing sales forecast could hurt investor confidence in the e-commerce sector, which could lead to a decline in stock prices in the sector.

Overall, recent developments in international markets could cause some volatility and prompt investors to reassess their portfolios. It remains to be seen how these developments will affect the markets in the coming trading days.