Auto Shows: Börse Frankfurt: DAX slips on red terrain

VW share: Volkswagen earns more than expected - possible sales in Russia

 VW share: Volkswagen earns more than expected - possible sales in Russia Volkswagen surprisingly implemented more in the second quarter despite the significantly declining car sales and continuing delivery bottlenecks. © provided by Saeed Khan/AFP/Getty Images due to loads from raw material protection transactions, the profit fell, but the Wolfsburger DAX group earned significantly more than analysts. VW confirmed the sales and profit view for the year as a whole. As the twelve brand group announced, sales rose 3.3 percent to 69.54 billion euros in the

The DAX seems to stop his attempt to stabilize on Thursday.

Mario Vedder/Getty Images © provided by Mario Vedder/Getty Images

with a slight increase of 0.09 percent to 13,040.36 points, the DAX started in the Thursday session. The stock barometer also presented itself a little higher afterwards, but only until noon. In the meantime, the Dax loses 0.20 percent on 13,001.99 points on the Frankfurt Stock Exchange.

shocked by the High US Inflation , the DAX was recently sagged by up to 4.5 percent in two days from its recovery high at 13,564 points in the area of ​​the 100-day line.

experts expect strong US interest rouses

After the unexpectedly clear price survival for consumers, the weakening at the manufacturer's level the previous day helped to calm the mind a bit, the Credit Suisse said. In the United States, the price survival at the manufacturer's level has weakened more than expected, as was known yesterday. Regardless, however, the experts' conviction is growing that the US Federal Reserve continues its restrictive interest rate, even if the growth suffers. The expectations of Swiss bank for the US interest rate have increased by 50 basis points according to the latest data. Ultimately, they now expect the Fed to gradually attract the key interest rate up to 4.50 percent.

online survey on House of Democracy in Frankfurt .
The city of Frankfurt has started an online survey on plans for a house of democracy. This should complement the Paulskirche memorial. The nationwide survey runs until mid -November, the city announced on Wednesday. Citizens could take part in a survey, but also bring their own ideas. The results should be included in a report by an expert commission on the future of the Paulskirche. The Commission plans to submit its final report in early 2023.

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