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2020/01/10 / Erste Group Research

Equity Weekly

Nachdem die geopolitischen Unsicherheiten im Mittleren Osten wieder etwas abgenommen haben, setzte sich der Aufwärtstrend der globalen Aktienmärkte in der letzten Woche fort. In der kommenden Woche starten die US-Großbanken die Berichtssaison.

Die Aussichten für steigende Gewinne sind bei Technologieaktien (USA und Europa bzw. global) positiv. Derzeit gibt es einen Überhang an positiven Gewinnrevisionen im Vergleich zu den negativen Revisionen.

Die Aussichten für die Umsatz- und Gewinnentwicklung der globalen Unternehmen sind positiv. Dies betrifft sämtliche wichtige Länder bzw. Regionen, also die USA, Europa, und den Raum Asien/Pazifik. Wir erwarten in der kommenden Woche einen moderaten Anstieg der Leitindizes.

Nach dem positiven Start ins neue Jahr, gab der ATX diese Woche 0,8% ab nachdem die Finanzmärkte vom US-Iran-Konflikt belastet waren. Der Aufwärtstrend im ATX ist jedoch noch intakt, mit der einsetzenden Entspannung zwischen den USA und Iran, bleiben wir vorsichtig optimistisch, dass der nächste Widerstand bei 3.262 Punkten nächste Woche in Angriff genommen werden kann.

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General information

AuthorErste Group Research
Product nameEquity Weekly
Topic in focusEquities
Economy in focusAustria
Currency in focusEuro
Sector in focusIndustrial Goods & Services

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