17 July 2025 | Euro

Bundesbank data points to German economic stagnation in Q2

Bundesbank data points to German economic stagnation in Q2

According to the Bundesbank, Germany's economy likely showed no growth in the second quarter after a surprisingly strong expansion at the start of the year.

In the first quarter of 2025, the country's GDP grew by 0.4%. Reuters notes this was partly due to businesses and exporters rushing to get ahead of expected US tariffs.

Germany’s regulator warns that the 30% American duties on EU imports announced by President Donald Trump could trigger a major economic downturn.

However, S&P Global Market Intelligence reports that German companies are optimistic about the economy’s future growth. For the first time in two years, businesses plan to boost investments, thanks to government plans to increase defense and infrastructure spending.

However, the Bundesbank notes that these positive trends will likely take time to show up in Germany’s economic data.

Anton Volkov MarketCheese
Period: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 81
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 102
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 81
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 85
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 113
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 129
Go to forecasts