“German actions break records because commercial optimism drives markets” – notes the “Financial Times”. The British daily points out that DAX has become the first European indexwho did all the losses caused by the threats of the US duties.
On Friday around 14 The DAX index was about 0.6 percent In the plus, after the Thursday announcement of the trade agreement between the USA and Great Britain was preceded by a telephone conversation between US President Trump and the new German Chancellor Friedrich Merz, in which they agreed as to the need for a quick resolution of commercial disputes.
Also the United States and China are to meet this weekend to try to soften the tariff war.
See also: American stock exchange without prospects? A special indicator has entered a new phase
“The return of the DAX index to record levels also reflects A wave of enthusiasm for German actions caused at the beginning of this year by Merz's plans regarding the increase in debt and investing hundreds of billions of euros in the army and country infrastructure“ “FT” indicates.
Emmanuel Cau, an expert Barclays cited by the journal, said that commercial information gave a wide impulse to shares markets. “In Germany there is additional excitement related to the narrative of revival and the appearance of a new government. Interest in Germany is increasing” – he emphasized.
The DAX index increased this year by almost 18 percent.
See also: Tusk holding on a big minus. Two large companies disappointed
It is assumed that the stock exchange is a good determinant for the future of the economy. If the quotations are growing, investors' expectations of acceleration can be seen. For a long time, Germany has been balancing on the verge of recession, which is a problem not only for our western neighbors, but also for Poland because of trade connections.
