+++ Stock Ticker +++ – SMI in the Plus – Uncertainty but still increased | new

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11:45

The Swiss Market Index (SMI) gains 1% at 8,612 points around 11:45

In this generally volatile environment, the Logitech stock is the most attractive of blue chips, with a price increase of 1.8%, they accept the friendly specifications of US technology stocks. They are continuing their strong run of the first half of 2018. With a price gain of nearly a third, they are the biggest winners.

The shares of Lonza, Kuehne + Nagel and Swisscom follow closely, increasing between 1.3 and 1.7%. In the logistics company Kühne + Nagel, Bernstein's experts had previously reported a study. It indicates that the Group is one of the most profitable of its universe, with a favorable rating at the same time. A test of success is likely to be the new strategy, which looks good on paper, but has not been proven in reality yet.

The market is also supported by the three heavyweights Roche (+ 1.6%), Nestlé (+ 1.3%) and Novartis (+ 1.1%). Roche announced yesterday that it had launched its public tender offer for all the actions of Medicine Foundation still on the market.

In the wake of the market recovery, initially weaker financials are gaining ground. Swiss Re, Swiss Life, UBS, Zurich and Credit Suisse earn between 0.5% and 1.2%.

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10:53

The Euro has on Tuesday it rose to $ 1.17. In the morning trade, the common currency cost $ 1,1662, about half a cent more than the daily minimum. The euro is also somewhat appreciated against the Swiss franc, albeit to a lesser extent. It is currently trading at 1.1577 after 1.1568 francs earlier Tuesday morning. Meanwhile, the US dollar is less than 0.9928 francs

The euro was supported by the agreement of the parties of the Union in the asylum dispute from Monday night. Earlier, there were fears that the federal government could separate in the aftermath of the conflict, which could have led to new elections. The fear of a political stalemate, particularly with regard to reforms in the euro area, has weighed on the single currency.

The Turkish Lira has been under considerable pressure. The trigger was new data on inflation. As a result, inflation in June has risen more than 15 percent to its highest level since 2003. High inflation rates are increasing on the exchange rate because they dilute the value of investments in the respective currency. In Turkey, President Recep Tayyip Erdogan has threatened to increase monetary policy in the future. Erdogan rejects interest rate hikes, the classic anti-inflation tool.

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10:31

Glencore shares fell 11.3% to 310 pence in London and mark the lowest level for a year. They are therefore by far the biggest losers in the British selection index "Footsie". The mining company has been mandated by the US Department of Justice to provide documents on the operations of its subsidiaries in Nigeria, Venezuela and Congo since 2007.

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09:15

There is a slight counter-movement on the Swiss stock market during the weak weekend. The Swiss Market index increases by 0.4% at the beginning of the session. The specifications are very uneven. While Wall Street was buzzing with late trading, most Asian trades are clearly down. Here, the worries weigh on a global trade dispute – after all, the deadline for the entry into force of tariffs is getting closer. Investors fear that these disputes will have negative consequences for the global economy.

The VSMI volatility index, which is at a relatively high level of almost 16 points, shows that the market situation is still uncertain.

On the news side, the morning is mainly characterized by a large number of classifieds. but hardly the courts move. Lonza's shares are the clearest in the SMI, up 1.7%. The share of UBS, before the stock market remains the best share of SMI, loses 0.1%, Credit Suisse gains 0.1%. Cyclicals such as ABB (0.2%) and Adecco (0.7%) are also above average. The heavyweights Roche (0.7%), Nestlé and Novartis (both up 0.4%) are also positive.

Logitech's paperwork is up 1.8%. In contrast, Lem decreases by 6.7%, Allreal by 4%

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08:10

The Swiss Market Index is pre-pays 0 , 27% among Julius Baer's experts Percentage higher. The share of UBS shares is the largest (0.4%), followed by Adecco (0.38%). Mid Caps saw AMS and Logitech rallies (0.8%). Ypsomed is the only share down (0.7%).

In addition to events in Switzerland, investors will continue to monitor the trade dispute. There have been significant losses on the stock markets in Asia (see below). The attention could also be given during the day data on car sales in the United States. In addition, producer prices in the euro area and retail sales are expected to be in May. In the United States, investors are learning how new orders from industrial companies developed in May

. On the US Wall Street index, US stock indexes rallied on Monday after the stock market closed. The Dow Jones ended the session up 0.1% to 24,307 points. The S & P 500 index rose 0.3% to 2,726 points

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07:55

Today, it's Is a duel of 16 in World Cup against Sweden. We have already analyzed it from an economic point of view …

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07:50

Oil prices rose again Tuesday after a break the day before. While the price of US oil has reached a new high of three and a half years, oil from the North Sea has also increased. Insufficient supply currently dominates the market

A barrel of (159 liters) North Sea Brent for delivery in August costs $ 77.82 in the morning. It was 52 cents more than Monday. The price of a barrel of the US West Texas Intermediate (WTI) rose 73 cents to $ 74.67

Oil prices have risen significantly in recent weeks. The decisive factor is the scarcity of crude oil supply, which is due to bottlenecks in many producing countries. Although Opec wants to expand its production with other countries like Russia. However, it is questionable whether, given a decline in production in countries like Libya or Venezuela, production should be significantly higher.

New data from the Bloomberg agency indicate the problem: According to the Saudi oil giant June has been significantly increased by 330,000 barrels. However, for Opec as a whole, there remains only an increase of 30,000 barrels a day. Responsible for high production losses are made in other member countries.

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06:30

After the stock market losses in China the day before, the Hang Seng index fell in the Asian economic and financial metropolis after a holiday early Tuesday even by more than three percent – the lowest level in nine months. Recently, the decline was 2.7%.

The Shanghai and Shenzhen stock markets also continued their losses on Tuesday. Indices lost at noon more than one percent. This year, the Shanghai Composite Index has already dropped 14%, of which 10% in the last four weeks alone. The Chinese currency, which is set at a low daily margin of 2%, also continues to decline, reaching its lowest level since last August to 6.6497 yuan to the dollar.

In Japan, the Nikkei is down 1%.

The context of the turmoil is an impending trade war between the two largest economies. US special tariffs on Chinese imports worth $ 34 billion will come into effect on Friday. Contributions on another 16 billion must follow. In return, China has announced similar punitive tariffs on imports from the United States. If such a retaliatory measure occurs, US President Donald Trump has threatened another $ 200 billion special tax on Chinese products. "I have noticed a growing concern about trade tensions and a lot of nervousness about a large-scale trade war that is coming at a bad time for China," said Aninda analyst Mitra at BNY Mellon. Investment Management in Singapore. "There is certainly cause to worry." US punitive tariffs on Chinese products of $ 34 billion will come into effect on Friday

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06:25 [19659002] The euro jumped to 1.1630 dollars after the end of the government crisis in Germany with the settlement of the dispute between the CDU and the CSU on the issue of refugees, The Swiss franc has declined slightly against the l 39; euro at 1.1569 and 99.46 cents against the dollar.

(cash / AWP / Reuters)

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