ID 271193998 © Adonis1969 | Dreamstime.com

First reaction to Deutsche Post DHL numbers out today should likely be the one shared by Mr Market – stock up 1% to €41.2 at last look in mixed European trade, worst case for guidance avoided, its defensive characteristics* confirming what we witnessed after Fed Chair Jerome Powell did the talk. The Germans did it, let’s move on. Where to, though**?

(*After a steep rally from our ’Falling catching knives’ on 23 September and relevant DP-DHL follow-on a week later in ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.