Daily outlook for June 18: DAX firmer again. US data and Wirecard in the spotlight!

Yields largely stagnated on the bond market. The yield on 10-year federal bonds remained at minus 0.423 percent and the yield on comparable US securities was listed at 0.748 percent. The majority of the precious metals gave way. However, gold and silver can continue to defend the key $ 1,700 and $ 17 brands, respectively. Oil prices stagnated at $ 40.7 (Brent) and $ 38 (WTI).

Focus on companies

The weak numbers of new car registrations in Europe have largely been expected. The BMW-Share thus closed little changed. Only VW gave slightly more with just under two percent. Delivery Hero and HelloFresh scratched at the all-time high today. Lufthansa– Major shareholders Thiele questions the rescue plan. However, the stock reacted little changed. The share gave the prospect of high investments in infrastructure in the USA HeidelbergCement buoyancy again today. RWE benefited from positive analyst comments. The share of Wirecard increased again in the run-up to the publication of the business figures.

BASF, Delivery Hero, Scout24 and Varta invite you to the virtual general meeting tomorrow. Wirecard will publish figures for the past financial year and the previous quarter.

Important appointments

  • Great Britain – Federal Reserve’s interest rate decision
  • USA – Philly Fed industry index, June
  • USA – Initial jobless claims
  • USA – leading indicators

Chart technical outlook

Resistance marks: 12.420 / 12.540 / 12.740 points

Support marks: 12,000 / 12,170 / 12,300 points

The DAX® continued to oscillate between 12,300 and 12,420 points today. If the resistance breaks out, there is a chance that the upward trend will continue up to 12,540 points. On the bottom, the index between 12,170 and 12,300 points is well supported. The bears will get upper water at the earliest below this zone.

DAX® in points; Hourly chart (1 candle = 1 hour)

Viewing period: May 27th, 2020 – June 17th.2020. Historical considerations are not reliable indicators of future developments. Source:

DAX® in points; Weekly chart (1 candle = 1 week)

Observation period: June 18, 2014 – June 17, 2020. Historical considerations are not reliable indicators of future developments. Source:


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