The German DAX Finished Up for the Third Straight Positive Year up 15.79% for 2021

Germany’s Blue-Chip DAX 40 index ended its last trading session of 2021 at 15,885 on the last trading day of 2021, up 15.79% for the year after being up 3.6% in 2020. German stocks have recovered from the coronavirus crash in March which sent the DAX to a near seven-year low on March 16th, 2020. German stocks were the best performer among European stock indices for the year. The German stock market rebound continued from the depths of despair aided … Continue reading “The German DAX Finished Up for the Third Straight Positive Year up 15.79% for 2021”

UK Gas Prices Jump 10% After Germany Suspends Nord Stream 2 Certification

Natural gas futures surged in Europe after Germany’s energy regulator temporarily suspended certification of the Nord Stream 2 pipeline. The move followed the Swiss-based project creating a German subsidiary to own and operate the German section of the pipeline. The Bundesnetzagentur said Nord Stream 2, which was set to begin operations this year, failed to organize an operator recognized under German law, sending gas prices higher. “The subsidiary itself must meet the requirements of the Energy Industry Act for an … Continue reading “UK Gas Prices Jump 10% After Germany Suspends Nord Stream 2 Certification”

US Weekly IPO and SPAC Monitor : KinderCare & Braze

Heading into Thanksgiving another busy week ahead in the IPO market with 7 IPOs scheduled to bring in $1.9 billion. Childcare provider KinderCare Learning Companies $KLC and customer engagement platform Braze $BRZE Childcare provider KinderCare Learning Companies (KLC) Plans to raise $503 million at a $2.7 billion market cap. The company serves children from 6 weeks to 12 years of age through 1,480 early childhood education centers and 650 before- and after-school sites across 40 states and Washington DC. While KinderCare is a leader in … Continue reading “US Weekly IPO and SPAC Monitor : KinderCare & Braze”

European Industrial Companies See Strong Demand But Supply Chain Pressuring Revenue says Fitch

Supply chain disruptions continue to hamper Europe, diversified industrial companies with revenue crimped by semiconductor shortages and longer shipping times. Fitch Ratings sees this as a short term event with demand strong, and likely to continue

The German DAX Stock Market Expanded to 40 Stocks with MDAX Reduced to 50 in Revamp

Germany’s benchmark Blue Chip DAX 30 index (Deutscher Aktienindex) expanded to 40 companies on 20 September adding 10 new members to the German stock index from the MDAX which will be reduced from 60 to 50 members.

The German DAX Best Performing European Stock Market in 2020, Finished Up 3.6%

Germany’s Blue Chip DAX 30 index ended its last trading session of the year slightly lower at 13,719, near it’s record high of 13,903 reached Tuesday, up 3.6% in 2020. German stocks recovered from the coronavirus crash in March, which set the DAX to a near seven-year low on March 16th. German stocks were the best performer among European stock indices for the year.

European €500 Billion Coronavirus Reconstruction Plan Devised By France and Germany

Germany’s Angela Merkel and France’s Emmanuel Macron have propesed a €500 billion European coronavirus reconstruction plan. The aim is the recovery fund that should give grants, not loans to EU member states.

IMF to Mobilize $1 Trillion Loan Capacity To Fight Virus Damage

In response to the Coronavirus panic effect on world economies the IMF issued a statement Monday that it’s ready to mobilize a $1 trillion loan capacity to fight the virus. This is crucial where emerging markets unable to tap debt markets,

Germany Inflation Steady as Deflation Pressures Weigh

Germany’s states; Saxony, Brandenburg, Hesse, Bavaria, North Rhine Westphalia and Baden Wuerttemberg all released their monthly inflation rates showing continued deflationary pressures, though there is some inflationary pricing in the core, particularly in Saxony to bring a smile to the ECB.