openPR Logo
Press release

Investment24: Upcoming Financial Information Flood Requires Overall View

03-02-2010 11:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Investment24

Investment24: Upcoming Financial Information Flood Requires

Only Certain Key Data Serve as Indicators for an Economic Recovery

Baech (Switzerland), February 24, 2010 – The debts crisis of the Southern European countries has taken a back seat for now due to a deluge of upcoming company accounting numbers and economic condition data. In Germany many DAX-groups will publish their financial statements on Thursday, key data concerning the economic activity from Europe and the U.S. will round out the picture of the information overkill. But not all figures are relevant to private investors.

Thus, the decline of the German Ifo-Business Activity Index, published on February 23, can be mainly explained with the cold winter in Central Europe, leaving construction sector and retail industry remarkably affected. Despite of a more positive outlook (Ifo-Business Expectations), investors have taken profits and were reasonable for a slice of prices after the strong previous week for the DAX-index. “The bad financial statements of the chemical group Merck and the Commerzbank have probably been the reason for investors’ skepticism,” comments Bernd M. Otto of Investment24 Research. “Further development will depend, among other things, from the question whether the other DAX-groups will publish good statements on Thursday.”

Also regarding Europe in general, there is contradictory news. The economists of the European Economic Advisory Group (EEAG) from Brussels now only expect one percent growth for the euro zone in 2010. However, a survey of Feri Eurorating Services, in cooperation with Financial Times Germany, revealed a very positive image for European Blue Chips. The indicator of expectations, regarding the Eurostoxx 50 index has reached its peak since middle of 2006. “The Eurostoxx index has disproportionally declined compared to the DAX since middle of January; this fact makes some stocks quite attractive to investors,” explains Bernd M. Otto, CEO and founder of Investment24.

In the U.S., the rise of the prime rate up to 0.75 percent on February 19 caused precaution of the investors. On Tuesday, floodgates were opened wide as U.S. consumer confidence, important for the consumptions sector, drastically decreased and led to a slump of the American indices. “For today, the focus on Washington is of particular importance as we can be anxious to the speech of FED’s Ben Bernanke in front of a board of congressmen,” states Bernd M. Otto. “Investment24 Research has predicted a raise of the federal funds rate for this year already at the beginning of February 2010; after the increase of the prime rate further steps could be taken in the second half of this year.”

Investment24 AG
Uwe Scheunemann
Seestr. 67, 8806 Baech, Switzerland
Phone +41 44 8870091

Investment24 AG, based in Switzerland, provides quality information about interesting opportunities on world stock markets. The company not only demonstrates a positive performance in excess of 350 percent since July 2007, but it also offers a high degree of transparency. This is in sharp contrast to other stock market or financial services newsletters. All transactions are explained in detail, and are provided with background information. These results are achieved with professional risk and money management. CEO and editor of the stock market letter is Bernd M. Otto, supported by experienced staff.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investment24: Upcoming Financial Information Flood Requires Overall View here

News-ID: 121987 • Views: 675

More Releases from Investment24

U.S. Commercial Property Crisis Let Banks Die
U.S. Court of Inquiry Report Shows the Extent of the New U.S. Commercial Property Crisis Baech (Switzerland), March 10, 2010 – After the strong capital gains of the last days the beginning of the trading week was calmly for U.S. indices. Obviously, the market participants do not completely evaluate the threatening news from the banking sector yet. However, this could change soon as the outcome of the past commercial property
Thrilling Currency Market: After Euro Now Pound Focused
Euro Shows Stability After Good Economic Data, British Pound Could Continue to Decline Baech (Switzerland), March 4, 2010 – Indeed, the euro decreased to a new nine-months-low on Tuesday morning but due to the encouraging economic data, these losses have been outweighed over the week. However, the decline of the British pound could continue, currency traders increasingly perch on devaluation of the sterling. Moreover, bad economic outline data and political
Euro-Depreciation Because of Greek Creative Accounting
Investment24 Research Underlines Indeed Advantages for EU Exports Baech (Switzerland), February 17, 2010 – The imposed obligations of the euro zone’s finance ministers toward Greece have hardly been published as further findings rock the boat. Apparently, the U.S. bank Goldman Sachs has helped the Greeks to cloud the real amount of national debts already years ago. The financial markets reacted with a continuous depreciation of the Euro. However, European companies with
Liquidity and Prime Rates are the adjustment screws for the equity market in 201 …
Investment24 Research Underlines Influence of the Upcoming U.S. Federal Funds Rate Decisions Baech (Switzerland), February 10, 2010 – Market’s reaction to the recently published predominantly good U.S. company news remained cautious. Although almost three quarter of the U.S. companies beat the Street’s expectations for the last quarter of 2009, S&P 500 is clearly revising downwards since the middle of January. Along with good company news, the possibility of an increase of

All 5 Releases

More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining