SMI reluctant – DAX lighter | 4:07:18



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Investors in the national stock market are cautiously optimistic about the middle of the week

SMI started 0.2 percent lower at 8,609.26 points in the trading day, but later he may to turn into more.

Meanwhile, SLI and SPI open trade more easily and now shuttle around the zero line.

The Swiss stock market comes to a standstill after being handed over from the day before Wednesday. Because of the United States National Day (Independence Day – Independence Day), on which US stock exchanges remain closed, missing impulses, dealers say. Investors do not want to take a stand against the imminent tightening of the US-China trade dispute.

Friday, the US government should enforce tariffs on Chinese products. China threatens to take countermeasures. The People's Republic intends to raise tariffs on US goods to $ 34 billion Friday at midnight. In addition, many states have criticized the World Trade Organization (WTO) for US tariff plans for the import of cars and auto parts. The Asian stock markets had all clearly closed in the face of escalation.

The US stock market came on Tuesday before the break with a red sign. The Dow Jones had closed down 0.54% to 24 174.82 points, while the NASDAQ Composite had a 0.86% reduction at 7 & # 39, 502.67 points went to trade. The uncertainty over trade disputes continues to simmer in the background.

DAX lighter

The DAX opened trading Wednesday of 0.21% to 12,323.75 index points. Meanwhile, the German leading index has even gone into positive territory for a short time, but it is currently in negative territory.

The upcoming intensification of the Sino-US trade conflict is proving to be a burden: US import duties on Chinese products, which are due to come into effect on Friday, are already casting their shadow. In the market should take appropriate countermeasures Beijing.

On the other hand, the recent weakening of the euro exchange rate, which generally favors exports to countries outside the euro zone, seems to serve as a price proposition: the common currency has suffered somewhat from European economic data mixed.

Editors finanzen.ch / AWP

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