Cryptocurrency Bitcoin with price drop, gold price close to 2000 US dollars

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Fluctuations on the stock exchange:

The Dax is under the spell of the Ukraine crisis

Photo: DANIEL ROLAND/ AFP

On Friday, the Dax will start trading with little change despite the ongoing Ukraine crisis.

US Secretary of State Antony Blinken has slammed Russia in a speech to the United Nations, but he has also accepted an invitation to meet his Russian counterpart Sergey Lavrov.

This strengthens the hopes of investors that the crisis can perhaps be resolved diplomatically.

On Thursday, the Dax closed 0.7 percent lower at 15,267 points and should initially hover around this mark on Friday.

Wall Street had gone down significantly the day before.

The Nasdaq 100 lost nearly 3 percent.

Investors are vacillating between hope that the situation will ease and fear of a Russian invasion of Ukraine.

Stock market expert Thomas Altmann from QC Partners spoke in the morning of a currently nervous back and forth, in which a weakness is followed by an attempt to recover, but then profits are quickly realized again.

In view of the continued high political risk and the US holiday on Monday, the conditions during the day are not particularly good.

"It's hard to imagine

The question of how strongly the US Federal Reserve will initiate its forthcoming turnaround in interest rates also remains in focus.

It is expected for March - but it is unclear whether the Fed will start with an increase of half a percentage point.

Company balance sheets are also pending.

From France come among other numbers of the fashion group Hermes.

On the economic side, US leading indicators and consumer confidence in the euro zone are expected for February.

Near $2000: Gold prices hit 8-month high

Accordingly, safe investment havens were in demand.

The price of gold temporarily rose by 1.7 percent to $1,899.90 per troy ounce (31.1 grams), the highest level since June 2021. Government bond prices also rose.

Conversely, the yield on 10-year US Treasuries fell to 1.981 percent.

Continental share increases – plan for demerger is in place

Continental's shares rose in the Dax on Thursday: The auto supplier has prepared for a large-scale split of the group, as manager magazin reports exclusively.

The company has been restructured in such a way that various large units can be separated and sold or listed on the stock exchange at any time.

The plan for the split is in place, all you have to do is press the start button, say those involved.

The aim is to at least double the value of Continental.

US stock markets clearly in the red

A sack full of worries weighed on the US stock exchanges on Thursday.

"You have what appears to be widespread inflation, there are signs of a change in US Federal Reserve policy and then there are ongoing tensions with Russia and Ukraine," said equity strategist Terry Sandven of US Bank Wealth Management.

Marc Chandler, chief strategist at trading house Bannockburn Global Forex, also pointed to the upcoming long weekend due to a US bank holiday on Monday: "There is no incentive for a market participant to fight risk-off sentiment ahead of a weekend when anything can happen. "

The

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index of standard values ​​fell 1.8 percent lower to 34,312 points from trading.

The tech-heavy Nasdaq fell 2.9 percent to 13,716 points.

The broad S&P 500 lost 2.1 percent to 4380 points.

Tesla and Doordash under pressure

In terms of individual values, Tesla went down more than five percent.

The US traffic safety agency NHTSA examines 416,000 vehicles for reports of unexpected braking maneuvers by the driver assistance system.

For DoorDash, on the other hand, there was an increase of over ten percent.

The food supplier - mother of the German delivery service "Wolt" - had presented a surprisingly large jump in sales.

Bitcoin drops significantly and is trading just above $40,000

Other risky assets such as cryptocurrencies were also significantly lower.

Bitcoin was last on the Bitstamp trading platform at around 40,300 US dollars.

That is a drop of more than 7 percent compared to the previous day.

Other cryptocurrencies were also significantly weaker.

Oil price falls slightly

Oil prices eased slightly on Friday.

Commodity investors fear that a war would lead to sanctions against Russian oil and limit global supplies.

However, positive signals from the negotiations on the nuclear deal with Iran raised hopes that Iranian oil would return to the world market.

The US variety WTI fell 2.2 percent to $91.59 per barrel (159 liters).

Commodity investors feared a war would lead to sanctions on Russian oil and limit global supplies of the commodity, said Konstantin Oldenburger, market analyst at CMC Markets.

"This could lead to a further increase in oil prices and hit consumers where they feel it most - in energy costs and therefore in their wallets."

However, positive signals from the negotiations on the nuclear deal with Iran fueled speculation that supply on the oil markets would soon be higher again.

With news agencies