Positive start to the new year for the DAX
On the first trading day of the new year 2025, the DAX conjured up a positive first day of trading on the trading floor. At the close of trading, the German benchmark index was again above 20,024.66 points and thus generated a return of 0.58 percent.
Investors are currently concerned about the increasingly weakening US market, which has not really been able to overcome its low form since the Fed decision in December. It is also possible that the imminent handover of office from the Biden administration to the new administration will play an important role in investors acting rather cautiously and thus preparing for a possible bang when they take office. Furthermore, the economic policy dispute between the USA and China continues to escalate. Reports of strict export controls on US military equipment are unlikely to significantly improve relations between the two economic giants.
Airbus grow wings - carmakers under pressure
Airbus shares have made a very good start to the new year. Airbus was able to increase 3.7 percent yesterday, followed by RWE with a plus of 2.5 percent and the share of Hannover Re with a plus of 2.4 percent. Airbus was able to present strong figures, but the annual target was still missed. Analysts also continue to hold the stock at buy, so that the stock experienced strong demand yesterday. On the other hand, the Volkswagen share had a weak start, closing the trading day with a minus of 1.9 percent. The market was probably not really enthusiastic about the company's demands on the state, as it is a sign of a certain helplessness, as the Chinese e-cars are also putting European car manufacturers under a lot of pressure. The chart picture has brightened, but it remains to be seen whether this is already the turnaround.
Euro still under pressure at 2-year low
The euro price crisis, on the other hand, continues to intensify, while the European stock markets recover slightly. The euro falls to a 2-year low and continues its journey towards parity. The decisive factor for this is likely to be the further increase in liquidity, i.e. the central banks continue to pump funds into the market in order to achieve the necessary stimulus in the economy. The result: a further devaluation of the euro.
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