The DAX 40 is eyeing the 20,000 points mark as the reporting season unfolds, with key German companies like SAP, Deutsche Bank, and Porsche set to release quarterly figures. German producer prices have dropped more than expected, potentially influencing ECB interest rate decisions, while U.S. economic indicators, including the "Beige Book," will also be closely monitored. Geopolitical tensions and upcoming speeches from Fed members add to the market's volatility this week.
Fritz Kaiser, a prominent wealth manager and motorsport enthusiast, is venturing into the metaverse with partners including Kimi Räikkönen and Mercedes-Benz Heritage. They aim to create a digital twin of the Mercedes-Benz Museum, allowing classic car fans to engage virtually and explore automotive heritage without physical limitations. Roarington, Kaiser's digital platform, will enable classic car owners to create digital twins of their vehicles for rental or sale, marking a significant shift in the classic car market.
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