Stay updated with breaking news from Index dax. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Reportedly planning to pay out almost a billion euros in bonuses this year that do i or from the german government which urged the bank to consider what impression that would leave among the public not for more let s bring our correspondent daniel cope who s that of banks headquarters daniel half a billion euros of losses for deutsche in twenty seventeen break that number down for us. those are certainly numbers that also shareholders won t be happy about at all as a first reaction let me also tell you chris of that shares of daughter bank have been dropping by five per cent this morning already at the blue chip index dax in general is saying that they feel that they are on the right track that the main reason why we are seeing those rather bad numbers at the moment is because of rather low interest rates and also because of the tax reform in the united states ....
To be the case any longer and it gets a lot of people here worried you have been reporting for us from brussels thank you max. well investors don t usually like instability a christer for christmas cobra s more on the economic implications that s right so maybe song initial quick reaction at currency markets the political uncertainty in europe s largest economy sending the euro to a two month low against the japanese yen in asian trading this morning the common currency paired some of these losses later on stock markets in frankfurt london paris also opened lower with germany s blue chip index dax trading below the thirteen thousand point mark overall losses where limited though. for some more actions let s bring in our markets man conrad booze in frankfurt conrad two months after the election europe s biggest economy still doesn t have a new government why is there not more concern among investors. ....
Indicators fall to a preprogramed level and these sell off sell offs trigger other sell orders it s a computer driven domino effect and it works within seconds around the globe s so markets in asia have taken the lead from the u.s. as we ve seen and a quick look at let s have a look now at how european markets are doing cope our financial correspondent is standing by in frankfurt for us at the moment it looks like european investors are a bit less panicky other way. yeah you heard i guess investors here behind me at the frank for stock exchange are really relieved that we are not seeing this big crash that many investors were actually expecting this morning and early trading shares here at the blue chip index dax were down with more than eight percent now when you look at the router and legs dax but also around europe yes we are seeing big losses most of the indices are down at the moment with a true percent but investors really seem to realize that the world has not really ....