Current Market Developments
The European stock markets are showing a positive sentiment on Tuesday, supported by several factors. Here are some of the key developments:
- DAX Development: The DAX rose by 1.2% on Monday, reaching 24,073.67 points. This indicates a continuing positive market trend that is of interest to private investors and small investors. On Tuesday, the continuation of this positive trend is expected, with the DAX gaining 0.6%.
- Extension of the Customs Deadline: The extension of the ultimatum in the trade dispute between the U.S. and other countries until August 1 has led to a certain easing. This could further stabilize the markets and encourage investors, as the negotiations between the EU and the U.S. are perceived positively.
- Exchange Rate Development: The Euro has strengthened by 14% against the U.S. Dollar since the beginning of the year. This development could strengthen European exporters and increase the attractiveness of European stocks for international investors.
Sectoral Developments
- Real Estate Values: These are under pressure due to rising yields in the bond market, which burdens interest-sensitive values. The German commercial real estate market is also showing signs of a weakening.
- Consumer Goods: Companies like Pernod Ricard were in demand, indicating positive demand for consumer goods.
Outlook
The European markets are awaiting further developments in the customs dispute and the results of negotiations between the EU and the U.S. A negotiated solution could further stabilize the markets and improve investment sentiment. The data calendar is relatively empty, meaning that the markets could react strongly to political and economic news.
Overall, the sentiment in the European stock markets remains positive, supported by the extension of the customs deadline and the hope for a negotiated solution in the trade dispute.