Ultima Markets: 【 Market hotspots 】ECBLowering inflation ignites hope for interest rate cuts, European stocks...

FrankfurtDAX 40The index reversed its early decline trend and then0.14%Closing up, setting a new record17,868The historical high of points. At the same time, the European Central Bank chose to maintain interest rates unchanged and predicted a significant decline in inflation, stimulating the market to6 Hope for monthly interest rate cuts.

On the other hand, German fashion companiesHugo Boss Downgrade2024After the annual operating profit, the stock price plummeted11% Make it perform at the bottom of the index. Furthermore, automotive parts suppliersContinentalThe automotive market is stagnant and facing rising cost pressures.

Merck expects a slight increase in operating profit this year, while Lufthansa reports2023The annual operating profit reached 27 One billion euros meets the company's financial forecast and it is revealed that it can maintain the same level this year. Finally, German industrial orders continue12 Monthly growth 12% After,1 Significant monthly decline 11.3%, exceeding the valuation 6% Decline.

Europe is filled with optimism, Stoke 50 Exponential rebound exceeds 1%, soaring to 23 The highest level in the past year4,980 Points. Meanwhile, Stoke, which covers more European stocks 600 The index has also risen by more than1%First breakthrough 500 Click on the big level.

(FrankfurtDAXIndex annual chart)

(Stoke50Index annual chart)

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.Ultima MarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.