Ukraine war in the ticker: DAX heads into weekend with profits – Tesla boss Elon Musk wants to buy Twitter – VW with multi-billion operating profit – Goldman Sachs, Citi, Morgan Stanley in brief | news

The German stock market was up on Thursday.

That’s how he opened DAX slightly higher, then remained in the profit zone most of the time. By the end of trading, it had risen 0.62% to 14,163.85 points. Of TecDAX was also in the green after a steady start, eventually ending the session up 0.27% at 3,200.97.

The tailwind is provided by the European Central Bank, which once again dismissed an impending interest rate hike in the Eurozone and left the policy rate at an all-time low. However, monetary authorities concluded that net asset purchases under the asset purchase program (APP) should be halted in the third quarter. The ECB left consumers and savers in the dark as to the timing of the first interest rate hike. However, experts consider that a first rate hike this year is possible.

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European stock markets appear firmer on Thursday.

That’s how it started EuroSTOXX 50 already higher and was also in the plus in the following trades. It ended the Easter weekend up 0.54% to 3,848.68 units.

The ECB’s decision to leave the eurozone key rate at its historic low of zero percent had a positive effect. However, there are now clearer signs of an end to the ultra-loose monetary policy of the summer. ECB President Christine Lagarde said the European Central Bank has started to normalize its monetary policy.

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US stocks failed to find a common direction on Thursday.

Of Dow Jones was 0.18% higher at 34,628.46 points when the starting bell rang and remained in the profit zone thereafter. The Technology Value Index NASDAQ compound on the other hand, falls deep into the red after starting at 13,647.43 points and thus 0.03% above its close the previous day.

On Thursday, the US leading index was supported by price gains from US banks. Goldman Sachs, Morgan Stanley, Wells Fargo and Citigroup presented their quarterly reports ahead of market. Investors are also eyeing a Twitter takeover bid by Tesla CEO Elon Musk.

Economically, US consumer confidence improved in April. Additionally, US retail sales rose more moderately than expected in March, while US import prices rose more than expected in March.

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Asia’s most important stock exchanges showed green signs on Thursday.

The first Japanese index Nikkei closed with a gain of 1.22% at 27,172.00 points. The fact that the yen fell to its lowest level in 20 years the day before helped.

The bulls also dominated in China. In mainland China, the ascent Shanghai composite 1.22% to 3,225.64 points. Of Hang Seng increased by 0.67% to reach 21,518.08 jobs.

Positive advice came from Wall Street. Hopes that inflation may have peaked helped here.

Investors also hope the Bank of China will cut interest rates and bank reserve requirements on Friday.

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