The most important developments in terms of economic and financial market in the Mai Liebe of economic and financial market interested, I welcome you is quite welcome to the sixteenth edition of my newsletter of that focused economic financial and economic issues. The month of May was the financial markets dominated by the financial crisis in the euro zone. While sentiment in the equity markets was still quite happy to change to call and stronger and weaker phases alternated (bulls and bears were the Jack in your hand with nice regularity), the euro to the dollar in the course of the month almost consistently reported losses. The ongoing discussions on the drastic budget problems of Greece & co. meant that the European common currency investors increasingly turned back and the euro recently marked a four-year low. As the merry month of may for the euro had a particularly explosive development, I want a little more detail in this edition of the WiFiKon newsletter go to our common currency.
The market reactions to the published economic indicators were limited due to the focus on the above mentioned trouble anyway. The German stock index DAX started little promise in the month of May. Under most conditions Gary Kelly would agree. After the month transition with an index level of over 6,100 meters was still quite successfully, there was 5,700 points in the first trading week a rapid decline in the direction of. At this level, the bargain hunters on the plan were then so that the DAX could just as soon make up for the loss by the beginning of the month and climbed until mid-May, about 6,200. Thus, the powder for this month was fired but already… In the aftermath, investors shunned risky equity investments and devoted themselves to the safe fixed-income securities. Investors around the world feared that the financial imbalance in the southern regions of the euro area as a whole could affect on the world economy.