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Enclosed please patrick-hahn.com  now has a current market commentary from me.

Latest Market Commentary:

Factors start - Patrick Hahn

The European markets and the German stock market are on the weekly closing weaker expected.

We taxi to the Dax index in the morning 0.46 percent lower at 5,224 points, after he died on the eve of the ninth in a row Gewinntag had won 2.45 percent. It remains to be seen above the Dax on a weekly closing basis, this high level holds. If he do not do this, we clearly hedge positions.

We expect today with profit. Another reason for the weaker trend are Microsoft's disappointing numbers after the world's largest software group, the economic crisis was felt more than expected. The quarterly report be provided for minor post-mood. Also, the labor market data in Germany is not good.

The regular trade, the American indexes still finished very strong, the future on the U.S. benchmark Dow Jones lost since the Xetra closing the day 0.56 per cent.

New impulses are the morning-particularly from the Ifo business climate expected in the afternoon followed in the United States by the University of Michigan consumer confidence is calculated.

Bonds: The experts expect increase

Oil prices: Fallen day after strong earnings

Euro: If after soaring again under $ 1.42

Tokyo: During friendly

We recommend urgent hedge positions.

Their
Patrick Hahn
Equities and derivatives dealers

http://www.tradenwiedieprofis.de

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