Following the upward revision of the S&P 500 index target for 2025, Citigroup experts also shared their optimistic forecasts regarding the dynamics of European and global stocks.
Following the upward revision of the S&P 500 index target for 2025, Citigroup experts also shared their optimistic forecasts regarding the dynamics of European and global stocks.
Following the upward revision of the S&P 500 index target for 2025, Citigroup experts also shared their optimistic forecasts regarding the dynamics of European and global stocks.
The German research group Sentix has recorded a significant improvement in the eurozone investor sentiment. The index rose to 0.2 points in June from -8.1 points in May, exceeding analysts' forecasts of -6.0 points.
Major German companies are expected to outpace their US counterparts in revenue growth, thanks to German government policies aimed at boosting business and accelerating economic expansion, Bloomberg reports.
The US markets stopped being a secure destination for foreign investors due to risks associated with President Donald Trump’s bill on tax and spending, believes chief economist at French asset manager Carmignac, Raphael Gallardo.
On Thursday, German companies' stocks rose amid gains in the food and beverages, pharmaceuticals and healthcare, and telecommunications sectors. The DAX index increased 0.2%, reaching a new record high at the close of trading in Frankfurt, according to Investing.com.
On Thursday, the DAX index jumped 0.2% as market participants were anticipating monetary policy easing by the European Central Bank (ECB) during its meeting, Investing.com. notes. The ECB is almost certain to cut interest rates again in a bid to support the regional economy.
According to Bloomberg, European stock markets extended gains for a second consecutive trading day. Germany’s DAX index reached an all-time high following the government's approval of a €46 billion ($52 billion) corporate tax relief package.
Barclays strategist Emmanuel Cau forecasts limited upside for European stocks this summer amid mounting headwinds. Elevated market valuations, macroeconomic uncertainty, and seasonal patterns are creating conditions for muted price action
On Monday, both the US dollar and the US stock market dropped amid escalating tariff disputes between America and China. Late last week, Donald Trump announced a possible increase in steel and aluminum import tariffs effective June 4, Reuters notes.
Germany’s DAX index has risen more than 30% in dollar terms, Bloomberg reports. European stocks are dominating global markets, claiming eight of the world's top ten performing indices. This trend is partly driven by President Donald Trump's unpredictable trade policies.
The DAX (Deutscher Aktienindex) Index is the main stock market indicator of Germany, which reflects the performance of the largest companies of the country. It represents 40 leading German corporations listed on the Frankfurt Stock Exchange. The financial instrument is considered to be a key gauge of the economic health in the Federal Republic of Germany and the Eurozone.
Major factors that determine the value of DAX:
A rise in the DAX indicates that investors are optimistic and confident, while a fall could be a warning sign of a potential recession or crisis.
This index is used for both long-term investing and short-term trading. To forecast its dynamics accurately, it is important to take into account macroeconomic statistics, corporate reporting, and global market trends.