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Dax deep in negative territory for fear of Italy

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Dax deep in negative territory for fear of Italy

Worried cheap jordan 9 shoes about a resurgence of cheap air jordan 5 the Euro debt crisis after the election stalemate in Italy have vigorously charged the German stock market on Tuesday. The DAX closed again branded as 7600 points and gave his annual profits off completely. In the third largest economy in the euro zone block the political camp, as no party alliance won a clear majority. In addition, Silvio Berlusconi returned, who had promised the Italians comprehensive tax relief on the campaign trail, despite the disastrous financial situation of the country. With a discount of 2.27 percent, the DAX was at 7597.11 points from the market. Since the publication of the first forecasts the day before, the deficit amounts to 3.35 percent. Positive economic data from the United States and a defense of loose U.S. monetary policy by Federal Reserve Chairman Ben Bernanke did not find any attention. The M Dax lost 1.06 percent on Tuesday to 13002.89 points and the Dax lost 1.04 percent to Tec 903.38 points. The FAZ Index fell 1.94 percent to 1649.32 points. On the foreign exchange market, the euro fell after interim recovery back below $ 1.31. Market letter writer Hans Bernecker, is the result of Italy's election as tipico italiano. After the unclear election mainly expresses the fear of a resurgence of the Euro debt crisis on the mood, agrees Investmentanalystin Antje Laschewski of the Landesbank Baden-Württemberg (LBBW) at. The threat of political stalemate was also felt at an auction of Italian debt: but to increased interest costs the country at least could collect as much money as planned. International financial market: The growing doubts about the recovery Stage victory for unicorn against Apple banks for Italy under DruckAm stock market were sold mainly banks and economy cyclicals. The rate of the bank Intesa Sanpaolo (9.1 percent) fell so violently under pressure that the Italian Securities and Exchange Commission imposed a two-day ban on short selling. The price of UniCredit lost 8.5 percent. Among the few winners included Fresenius SE (2.8 per cent) and Fresenius Medical Care (1.5 percent) who had convinced their business figures. Bayer (1.3 percent) reduced its losses after the company had increased its dividend surprisingly clear. Friendly atmosphere in AmerikaAn Wall Street is the mood again friendly. Here American issues move forward again. Not only Ben Bernanke's economic-friendly statements, the shareholders vote positively, but also of corporate and economic side outweigh the friendly signals. surprisingly good quarterly figures suggest Home Depot by nearly 6 percent down. Apparently the Americans have accessed in color, countertops and hardwood flooring. Home Depot plans to buy back shares in the amount of 17 billion dollars and raise the dividend. The price of oil is trading at $ 92.79 per barrel WTI l, which is slightly lower than on Monday. Stronger moves the price of gold, which benefits from Bernanke's statements. If more money is printed, usually increases the price of the precious metal, because it is considered a hedge against inflation. For the first time since Wednesday more than $ 1,600 to pay for an ounce again. Little movement on the other hand there are in U.S. bonds, which were still desirable object of frightened investors on Monday. The yield on ten-year government bonds rises slightly to 1.87 percent.

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