25.08.2016 - The probability of falling on the German market has increased
European stock markets show a decline amid concerns about the uncertainty of growth prospects for the US stock markets. It should be noted that additional pressure on investor sentiment had the data on the index of business sentiment in Germany by the Ifo, which fell to 106.2 in August against the forecast of growth to 108.5. Tomorrow, the focus of investors will be on Janet Yellen’s speech in Jackson Hole and hawkish rhetoric of Fed chairwoman will lead to a fall on the stock markets. Our medium-term outlook for the stock market in Germany remains negative and we expect fall by 7-10% in the near future.