Wall Street does not operate on Monday: US holiday DXY hit a decade high before pulling back slightly. Metals continue to recover and oil advances. Equity markets are mostly in the red, given the continuing energy crisis in Europe, new sanctions in China and the economic outlook. The dollar reached new cycle highs, while metals […]
Tag: DAX
Growth will be stronger than expected – Olaf Scholz
The German Finance Minister, Olaf Scholz, He said on Wednesday that he expects economic growth in the country to be stronger than expected this year. Today’s PMI data from the Eurozone and especially from Germany support the minister’s statements. “We have a reason for optimism, the rally is underway“Scholz added, but also noted that the […]
Altmaier says the German economy will clearly grow more than 4% in 2022
German Economy Minister Peter Altmaier said on Friday that the economy is rebounding faster than many feared, as reported by Reuters. “The German economy will clearly grow more than 4% in 2022“, ha agegado Altmaier. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen […]
The current rate of COVID-19 infection is too high – Angela Merkel
German Chancellor Angela Merkel It said on Monday that the current rate of coronavirus infection is “too high”, adding that the third wave could be the hardest yet. “Vaccine production capacity must be significantly increased, both in Europe and in Germany,” he said. Merkel. Meanwhile, Business Insider reported Monday that German states agreed to extend […]
We aim to extend support to companies until the end of the year – Peter Altmaier
German Economy Minister Peter Altmaier, said on Friday that its goal is to extend aid for companies affected by the COVID-19 pandemic in six more months until the end of the year, as reported Reuters. Altmaier further noted that talks are ongoing, adding that he hopes to see a decision before the summer vacation of […]
Merkel decides to annul the Easter blockade order
German Chancellor Angela Merkel announced on Wednesday that has decided to reverse the decision of an additional blocking measure during the Easter holidays, as reported by Reuters. Additional comments: “We must break and reverse the third wave of the pandemic“. “The Easter break was a mistake because could not be implemented“. “This is my own […]
Ministry of Health decides to stop administering the AstraZeneca vaccine
The German Ministry of Health announced on Monday that has decided to stop administering the AstraZeneca coronavirus vaccine, as reported by Reuters. Meanwhile, the health minister of Poland’s Adam Niedzielski said on Monday that they believe the benefits of using the AstraZeneca vaccine outweigh the risks. Earlier in the day, The World Health Organization (WHO) […]
Germany: Spahn Says Number of Infections Drops Despite Higher Proportion of New Variants
New variants of the coronavirus are spreading rapidly in Germany, but infection numbers are decliningGerman Health Minister Jens Spahn said on Wednesday, Reuters reported. Additional comments: “The new one UK variant of coronavirus now accounts for over 20%“. “It will be deliver 10 million doses of coronavirus vaccine next week in Germany”. “The pace of […]
Germany: The German economy will return to its pre-crisis level in the second half of 2022
With the coronavirus shutdown coming to an end in Germany, many sectors will grow rapidly, the German economy minister said on Wednesday, Peter Altmaier, Reuters reported. Altmaier further noted that they expect the German economy to return to its pre-crisis level by the second half of next year. Market reaction These comments were largely ignored […]
Germany will push for the strengthening of the World Trade Organization
The German Chancellor, Angela Merkel, said today Tuesday that Germany will push for the strengthening of the World Trade Organization (WTO) and noted that the WTO is the foundation for fair trade, Reuters reported. Featured statements: “We welcome the United States to rejoin the World Health Organization after the election of Joe Biden “. “It […]
