Stock exchange on October 26: Four points that are important for investors today
New purchasing manager indexes will provide investors with clues about the economy on Friday. Additionally, Moody's is reviewing France's credit rating - a downgrade could weigh on the markets.
The German stock market is expected to continue searching for a clear direction in the new week. The DAX index closed at 25,182 points on Friday and is slightly up on pre-trading platforms ahead of Monday's trading. Several major companies, including Porsche, Beiersdorf, BASF, Deutsche Bank, VW, and Adidas, are set to report quarterly earnings from Tuesday, which could determine the market's direction.
The Ifo business climate index due on Monday could also influence investor sentiment, particularly if it supports hopes of a gentle economic upswing in Germany. Meanwhile, Moody's decision not to downgrade France's credit rating has brought some relief to Paris and bond markets.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
