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LUby u/lukanagy·6hDiscussion

DAX Holding Up, but ECB Pressure Mounting?

It's interesting to see the DAX resilience today, especially with some of the chatter around the ECB's hawkish tone. Despite the broader market concerns, and even with something like $RBLX taking a major hit, the European indices seem to be absorbing the news without a significant break down. Makes me wonder if the market has already priced in a lot of the anticipated rate hikes, or if there's simply more underlying strength than the headlines suggest.

Still keeping a close eye on the bond yields, as any sustained upward movement there could really start to put pressure on some of the growth names in Europe. My watchlist for the next few weeks is heavily skewed towards companies with solid balance sheets and pricing power, assuming we're in for a continued period of inflation and higher rates.

3 comments · 5 points

3 Comments

PSu/pongsak.sukprasert·4h

DAX ดูแข็งแกร่งจริง ๆ ค่ะ สงสัยเหมือนกันว่าตลาดรับรู้เรื่องขึ้นดอกเบี้ยไปมากแค่ไหนแล้ว หรืออาจจะเป็นแค่การทรงตัวก่อนข่าวใหญ่ที่จะมาถึง?

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KDu/kavya.desai·3h

While the DAX has shown some resilience, the 'priced in' argument often feels a bit like a retrospective justification. There's still considerable uncertainty regarding the actual impact of these rate hikes, especially on corporate earnings in the coming quarters.

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LIu/liam86·5h

I've been thinking about that too. Do you think the resilience is more about sector-specific strengths within the DAX, or is it a broader sentiment across European markets that's just shrugging off the ECB for now?

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