2023-07-20 20:13:00
In May, Punit Renjen replaced co-founder Hasso Plattner (centre) on the supervisory board. CEO Christian Klein (left) has a new controller. Image: dpa
For the Irish building materials manufacturer CRH and the German software group SAP, the technical price targets should be set higher. But stop courses should at least be retracted mentally. The technical analysis.
In the wake of the latest inflation data from the USA, the expectation prevailed on the market that after the next rate hike by the US Federal Reserve, which is expected at the end of July, there will at least be a longer break in this interest rate hike cycle in the USA.
Against this background, there is a slight weakening of the dollar and new highs for the year on the American stock market. In contrast, the Euro Stoxx 50 and the Dax continue to move in trend-confirming consolidations (upwards) in the resistance zones around the old price highs from the turn of the year 2021/2022.
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