Investors are currently dancing between corporate figures, geopolitics, and monetary policy amidst three major events. In search of a new balance between profit expectations and global risks, investors are balancing on a tightrope. Geopolitical risks, monetary policy questions, and a fragile AI fantasy form a triad that could repeatedly dampen investors’ willingness to take risks.
A day before the Fed’s interest rate decision that is eagerly awaited, investors are likely to act with a somewhat tightened grip anyway.
DAX chart on a monthly basis 
All eyes on the US Federal Reserve – Kevin Warsh’s speech in focus
From a calendar perspective, there are numerous potential catalysts this week. On Wednesday, the US central bank meeting in particular will be in the spotlight for investors. While the interest rate decision is expected for 19:00, Fed Chairman Kevin Warsh is expected to make his appearance before the public starting at 19:30.
Focus on core rate for personal consumption spending and ECB interest rate decision on Thursday
On Thursday, the core rate for personal consumption expenditures from the US will first be awaited by the markets, which must be taken into account following monetary policy announcements (13:30). This rate is also considered the preferred inflation measure for the US central bank.
At 14:15, the ECB interest rate decision should be considered, and half an hour later the press conference with President Christine Lagarde.
However, Friday is likely to be dominated entirely by the publication of new GDP growth rates for the Federal Republic of Germany (10:00 a.m.), the Eurozone (11:00 a.m.), as well as preliminary inflation data here (14:00 p.m.).
Report season across the Atlantic and beyond in focus
On Tuesday, the focus will be on US companies such as Boeing (ISIN: US0970231058), Coca-Cola (ISIN: US1912161007), PayPal (ISIN: US70450Y1038) and Visa (ISIN: US92826C8394).
By the middle of the week, Alphabet C (ISIN: US02079K1079), Ford Motor (ISIN: US3a453708600) and Microsoft (ISIN: US5949181045) will report.
On Thursday, the list of companies continues with Coinbase (ISIN: US19260Q1076) and MicroStrategy (ISIN: US5949724083).
On the German side, the results for the current financial quarter are being reported today by Porsche (ISIN: DE000PAG9113), and by Beiersdorf (ISIN: DE0005200000) on Wednesday by Deutsche Bank (ISIN: DE0005140008), Mercedes-Benz (ISIN: DE0007100000), and BASF (ISIN: DE000BASF111) on Thursday by Linde (ISIN: IE000S9YS762), Adidas (ISIN: DE000A1EWWW0), MTU (ISIN: DE000A0D9PT0), Volkswagen (ISIN: DE0007664039) and last but not least on Friday by Covestro (ISIN:DE0006062144) alongside Puma (ISIN: DE0006969603).
