30 a..m., essentially matching the previous day’s closing level. The leaders of the daily price list were Scout24, Brenntag and Symrise, while Qiagen, Rheinmetall and Siemens Energy were at the bottom of the list.
According to Andreas Lipkow, chief market analyst at CMC Markets, trading guidance from the United States remains thin after the holiday, even on this Tuesday. Many Asian markets were closed for the holiday, with only Japan and Australia remaining open. In Tokyo the index fell in response to worse‑than‑expected economic data, while in Australia better‑than‑anticipated corporate results from the heavyweight BHP helped lift the broader market. Clear signals from the U.S. are expected to reach international financial markets only in the afternoon.
Lipkow noted that investors this week are turning more to corporate news because macroeconomic data are sparse. “Some figures may attract attention, but they tend to have an early‑cycle character” he said. Therefore, earnings previews from Walmart and its peers should be of greater importance. Today’s focus will be on Germany’s ZEW index and the U.S. Empire State index, with quarterly reports from Palo Alto Networks, Medtronic and Celanese also on the agenda.
The euro was slightly weaker on Tuesday morning: one euro bought 1.1835 U.S. dollars, while one dollar was worth 0.8450 euros.
Meanwhile, oil prices fell sharply. At about 9 a.m. German time, a barrel of North Sea Brent crude was priced at 67.93 U.S. dollars, down 72 cents-or 1.1 percent-compared with the closing level of the previous trading day.